Ritz Arts

Analysis

Ritz Arts is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in November 2017, 9 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, Ritz Arts reported income of $235k and spending of $220k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $158k to $235k (+49%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 49%. 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, Ritz Arts sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within OR. Charities of a similar size with the same main cause include Possum Point Players Inc ($235k), Umpqua Actors Community Theatre Inc ($235k) and Milton Historical Society ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.6% and program service revenue 93% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.