Intersectional Arts Inc

Analysis

Intersectional Arts Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 2021, 5 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, Intersectional Arts Inc reported income of $123k and spending of $166k, spending 135% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $168k to $123k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. 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, Intersectional Arts Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Ballet Folklorico Tapatio Non-Profit Corporation ($122k), Ozark Folkways ($123k) and Toledo Jazz Festival ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $16k (9.5% of expenses). Other salaries and wages came to $8,430. At year end it held assets of $28k against liabilities of $0, net assets of $28k. It reported 4 employees.