Arts Southeast

Analysis

Arts Southeast is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in February 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, Arts Southeast reported income of $276k and spending of $269k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $161k to $276k (+72%), an average of +72% a year. The sharpest change came in the year to December 2023, when income rose by 72%. 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, Arts Southeast sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within GA. Charities of a similar size with the same main cause include Ormao Dance Company ($276k), California Philharmonic Youthorchestra ($276k) and Latin Ballet of Virginia Inc ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $53k (20% of expenses). Other salaries and wages came to $25k. At year end it held assets of $31k against liabilities of $855, net assets of $30k. It reported 4 employees.