Art School KC

Analysis

Art School KC is a registered charity in United States, based in Greenwood, MO. It received its IRS tax-exemption ruling in January 2022, 4 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, Art School KC reported income of $203k and spending of $170k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $102k to $203k (+99%), an average of +99% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art School KC sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within MO. Charities of a similar size with the same main cause include Joel Chandler Harris Association ($203k), Foundation Advancing Creation Truth ($203k) and Mountain Air Community Fund Inc ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. It paid $199 in professional fundraising fees. At year end it held assets of $53k against liabilities of $1,030, net assets of $52k.