House of the Arts International Inc

Analysis

House of the Arts International Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, House of the Arts International Inc reported income of $150k and spending of $156k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $112k to $150k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, House of the Arts International Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include West Virginia Black Heritage Festival Inc ($150k), Inta Inc ($150k) and Sawnee Ballet Theatre Inc ($150k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,928 against liabilities of $23k, net assets of -$21k.