Journey Arts

Analysis

Journey Arts is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2003, 23 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 August 2024, Journey Arts reported income of $900k and spending of $557k, leaving 38% of income unspent that year. Across the 6 years on record, from August 2019 to August 2024, income grew from $165k to $900k (+445%), an average of +40% a year. The sharpest change came in the year to August 2024, when income rose by 175%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Journey Arts sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include North Alabama Hockey Association Inc ($900k), Turlock Community Theatre Inc ($900k) and Visalian Friends of the Fox Theatre ($900k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $62k (11% of expenses). Other salaries and wages came to $73k. At year end it held assets of $656k against liabilities of $7,327, net assets of $649k. It reported 5 employees.