Arctic Arts Project

Analysis

Arctic Arts Project is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Arctic Arts Project reported income of $75k and spending of $122k, spending 164% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $8,000 to $75k (+833%), an average of +110% a year. The sharpest change came in the year to December 2021, when income rose by 632%. Over the whole period it spent 83% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Arctic Arts Project sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within CO. Charities of a similar size with the same main cause include Lake Elmore Association Inc ($75k), Mission Street Parks Conservancy ($75k) and Colorado Wild Public Lands Inc ($75k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.4% of the total. At year end it held assets of $274k against liabilities of $19k, net assets of $255k.