Long X Arts Foundation

Analysis

Long X Arts Foundation is a registered charity in United States, based in Watford City, ND. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Long X Arts Foundation reported income of $271k and spending of $290k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $262k to $271k (+3.5%), an average of +3.5% a year. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Long X Arts Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 54th percentile within ND. Charities of a similar size with the same main cause include Lake Highlands Area Band Club ($271k), Puget Sound Access ($271k) and Jro Community Outreach Inc ($271k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $50k (17% of expenses). Other salaries and wages came to $57k. At year end it held assets of $186k against liabilities of $2,050, net assets of $184k. It reported 1 employees.