Art State Arizona

Analysis

Art State Arizona is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2024, Art State Arizona reported income of $1.4m and spending of $1.3m, spending 94% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.1m to $1.4m (+27%), an average of +5.0% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Art State Arizona sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within AZ. Charities of a similar size with the same main cause include Frank C and Mattie H Thompson Memorial Trust ($1.4m), Na Lei Aloha Foundation ($1.4m) and Sherwood Country Club Charitable Foundation Inc ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 24% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $114k (8.6% of expenses). Other salaries and wages came to $370k. At year end it held assets of $773k against liabilities of $287k, net assets of $486k. It reported 8 employees.