Street Wise Arts

Analysis

Street Wise Arts is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Street Wise Arts reported income of $137k and spending of $129k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $172k to $137k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Street Wise Arts sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 41st percentile within CO. Charities of a similar size with the same main cause include Baldwinsville PAC B Inc ($137k), Elbow Room ($137k) and Burien Actors Theatre ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 9.2% of the total. At year end it held assets of $62k against liabilities of $1,220, net assets of $60k.