Developing Artist Collaboration

Analysis

Developing Artist Collaboration is a registered charity in United States, based in Rehoboth Beach, DE. It received its IRS tax-exemption ruling in February 2018, 8 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, Developing Artist Collaboration reported income of $448k and spending of $342k, leaving 24% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $393k to $448k (+14%), an average of +6.7% a year. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Developing Artist Collaboration sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 63rd percentile within DE. Charities of a similar size with the same main cause include Vox Femina Los Angeles ($448k), S Cool Sounds Inc ($448k) and Carver County Historical Society Inc ($447k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $79k (23% of expenses). Other salaries and wages came to $72k. At year end it held assets of $134k against liabilities of $103k, net assets of $30k.