Dominion Arts Foundation

Analysis

Dominion Arts Foundation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 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 (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, Dominion Arts Foundation reported income of $60k and spending of $72k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $60k (-7.1%), an average of -7.1% a year. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dominion Arts Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within GA. Charities of a similar size with the same main cause include Appleton Historical Society Inc ($60k), American Tapestry Alliance Inc ($60k) and Scotia-Glenville Pipe Band Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $97k against liabilities of $129k, net assets of -$32k.