The Art Therapy Project Corporation Tatp

Analysis

The Art Therapy Project Corporation Tatp is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2010, 16 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, The Art Therapy Project Corporation Tatp reported income of $614k and spending of $581k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $669k to $614k (-8.2%), an average of -2.1% a year. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Art Therapy Project Corporation Tatp sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include North American Council for Freight Efficiency ($614k), Fund for the Water Works ($614k) and Chicago West Community Music Center ($614k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $136k (23% of expenses). Other salaries and wages came to $239k. At year end it held assets of $383k against liabilities of $28k, net assets of $354k. It reported 5 employees.