I Am the Art Foundation

Analysis

I Am the Art Foundation is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in July 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, I Am the Art Foundation reported income of $180k and spending of $182k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $180k (+202%), an average of +202% a year. The sharpest change came in the year to December 2023, when income rose by 202%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, I Am the Art Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include Art in Uncommon Places ($180k), Christmas Light Up Celebration Inc ($180k) and San Ramon Voices ($180k).

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 $373 against liabilities of $0, net assets of $373.