Artly World

Analysis

Artly World is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in June 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, Artly World reported income of $89k and spending of $86k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $33k to $89k (+173%), an average of +172% a year. The sharpest change came in the year to December 2023, when income rose by 173%. Over the whole period it spent 124% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artly World sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within TX. Charities of a similar size with the same main cause include Rahavard ($89k), South Dakota High School Boys & Girls Basketball Hall of Fame ($89k) and Westlake High School Choral Booster Club Inc ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.