Scottsdale Artists School Inc

Analysis

Scottsdale Artists School Inc is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in November 1983, 43 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Scottsdale Artists School Inc reported income of $2.0m and spending of $1.9m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.0m (+9.7%), an average of +2.3% a year. The sharpest change came in the year to June 2021, when income rose by 71%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Scottsdale Artists School Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within AZ. Charities of a similar size with the same main cause include Zamir Choral Foundation Inc ($2.0m), Institute for Political Innovation ($2.0m) and Tybee Island Historical Society Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $79k (4.1% of expenses). Other salaries and wages came to $508k. At year end it held assets of $3.5m against liabilities of $368k, net assets of $3.1m. It reported 16 employees.