Api Arts and Outreach Inc

Analysis

Api Arts and Outreach Inc is a registered charity in United States, based in Edgewater, NJ. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Api Arts and Outreach Inc reported income of $50k and spending of $52k, spending 103% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $15k to $50k (+233%), an average of +49% a year. The sharpest change came in the year to December 2022, when income rose by 2567%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Api Arts and Outreach Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 19th percentile, and in the 26th percentile within NJ. Charities of a similar size with the same main cause include Arts and Architecture Conservancy at Saint Peters Inc ($50k), Rada Collaborative Inc ($50k) and Cohasset Historical Military Memorial Corporation ($50k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $17k against liabilities of $100, net assets of $16k.