Artistico

Analysis

Artistico is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 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 2022, Artistico reported income of $423k and spending of $392k, spending 93% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $117k to $423k (+262%), an average of +262% a year. The sharpest change came in the year to December 2022, when income rose by 262%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artistico sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within CO. Charities of a similar size with the same main cause include Sacred Heart Cultural Center Inc ($423k), Cool Cooperative Inc ($423k) and General Douglas Macarthur Foundation ($423k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 57% and program service revenue 43% of the total. Other salaries and wages came to $30k. At year end it held assets of $14k against liabilities of $59k, net assets of -$45k.