Art Into Acres
Analysis
Art Into Acres is a registered charity in United States, based in Fairfax, CA. 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, Art Into Acres reported income of $1.2m and spending of $1.7m, spending 144% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $311k to $1.2m (+279%), an average of +56% a year. The sharpest change came in the year to December 2021, when income rose by 1154%. Over the whole period it spent 48% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art Into Acres sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Native American Journalists Association ($1.2m), Solutions to End Poverty Soon Inc ($1.2m) and Moca CT Inc ($1.2m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $137k (8.0% of expenses). At year end it held assets of $4.5m against liabilities of $128k, net assets of $4.4m.
Income and spending
Where the income comes from
- Contributions & grants 76%
- Other 24%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Native American Journalists Association | Norman | $1.2m |
| Solutions to End Poverty Soon Inc | Toms River | $1.2m |
| Moca CT Inc | Westport | $1.2m |
| Artisanworks and Events Inc | Rochester | $1.2m |