Art As Mentorship Inc

Analysis

Art As Mentorship Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in September 1996, 30 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, Art As Mentorship Inc reported income of $410k and spending of $412k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $277k to $410k (+48%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art As Mentorship Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within MO. Charities of a similar size with the same main cause include Data-Driven Economic Strategies Inc ($410k), American Independence Center ($410k) and Civic Theatre of Greater Lafayette Inc ($410k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $60k (14% of expenses). Other salaries and wages came to $42k. It paid $15k in professional fundraising fees. At year end it held assets of $93k against liabilities of $14k, net assets of $79k. It reported 2 employees.