Arts & Design Alumni Research

Analysis

Arts & Design Alumni Research is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Arts & Design Alumni Research reported income of $124k and spending of $417k, spending 336% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $361k to $124k (-66%), an average of -41% a year. The sharpest change came in the year to June 2022, when income rose by 95%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arts & Design Alumni Research sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 38th percentile within RI. Charities of a similar size with the same main cause include SPHS Music Boosters Inc ($124k), Blue Valley Southwest Band Booster Association Inc ($124k) and Patrons of the Arts & Activities ($124k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $77k (19% of expenses). Other salaries and wages came to $106k. At year end it held assets of $378k against liabilities of $0, net assets of $378k.