North American Artist Foundation

Analysis

North American Artist Foundation is a registered charity in United States, based in Saint Clair, MO. It received its IRS tax-exemption ruling in February 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, North American Artist Foundation reported income of $219k and spending of $225k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $254k to $219k (-14%), an average of -3.7% a year. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, North American Artist Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within MO. Charities of a similar size with the same main cause include Joseph Avenue Arts and Culture Alliance Inc ($219k), Harmon Recovery Foundation ($219k) and Human Resources LA Inc ($219k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $26k (11% of expenses). Other salaries and wages came to $43k. At year end it held assets of $51k against liabilities of $9,004, net assets of $42k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.