Open Sky Arts Collective

Analysis

Open Sky Arts Collective is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in October 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, Open Sky Arts Collective reported income of $131k and spending of $143k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $117k to $131k (+12%), an average of +12% a year. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Open Sky Arts Collective sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Community Revitalization Alliance Inc ($131k), Shirley Plantation Foundation ($131k) and Hola Cultura ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.3% of the total. At year end it held assets of $27k against liabilities of $781, net assets of $26k.