Artes Vocales Inc

Analysis

Artes Vocales Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in April 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 June 2024, Artes Vocales Inc reported income of $120k and spending of $82k, leaving 32% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $97k to $120k (+23%), an average of +23% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artes Vocales Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Breezy Farm Inc ($120k), Studio of Dance and Arts Inc ($120k) and Millennium Repertory Company ($120k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 7.4% of the total. At year end it held assets of $90k against liabilities of $5,890, net assets of $85k.