Artist Life NFP

Analysis

Artist Life NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2020, 6 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, Artist Life NFP reported income of $298k and spending of $295k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $43k to $298k (+594%), an average of +163% a year. The sharpest change came in the year to December 2023, when income rose by 9476%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artist Life NFP sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include Rockaway Theatre Company Inc ($298k), Clarke Historical Museum ($298k) and Liams Chance Behavioral Services Inc ($298k).

At year end it held assets of $6,000 against liabilities of $0, net assets of $6,000.