Artlink Inc

Analysis

Artlink Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 1990, 36 years ago. 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 June 2023, Artlink Inc reported income of $350k and spending of $522k, spending 149% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $386k to $350k (-9.2%), an average of -2.4% a year. The sharpest change came in the year to June 2022, when income rose by 190%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Artlink Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within AZ. Charities of a similar size with the same main cause include Clearwater Licensed Day Care Center Inc ($350k), Irving I Stone Support Foundation ($351k) and Capitol Resource Institute ($350k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $72k (14% of expenses). At year end it held assets of $560k against liabilities of $0, net assets of $560k.