Fuzion School of the Arts

Analysis

Fuzion School of the Arts is a registered charity in United States, based in Jefferson Cty, TN. It received its IRS tax-exemption ruling in June 2021, 5 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, Fuzion School of the Arts reported income of $265k and spending of $269k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $147k to $265k (+80%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fuzion School of the Arts sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within TN. Charities of a similar size with the same main cause include Chippewa Valley Theater Guild Incorporated ($265k), Besharat Arts Foundation Inc ($265k) and Rhode Island Youth Theatre ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $131k. At year end it held assets of $0 against liabilities of $4,355, net assets of -$4,355.