Stratford Art Works Inc

Analysis

Stratford Art Works Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Stratford Art Works Inc reported income of $587k and spending of $609k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $245k to $587k (+140%), an average of +140% a year. The sharpest change came in the year to December 2023, when income rose by 140%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stratford Art Works Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 70th percentile within AZ. Charities of a similar size with the same main cause include Freetown Village Inc ($587k), Albany Pro Musica Inc ($587k) and Woodford County Theatrical Arts Association Inc ($587k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $75k (12% of expenses). At year end it held assets of $460k against liabilities of $315k, net assets of $145k. It reported 1 employees.