Arte Noir

Analysis

Arte Noir is a registered charity in United States, based in Seattle, WA. 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Arte Noir reported income of $882k and spending of $470k, leaving 47% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $14k to $882k (+6386%), an average of +6386% a year. The sharpest change came in the year to September 2023, when income rose by 6386%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arte Noir 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 78th percentile, and in the 77th percentile within WA. Charities of a similar size with the same main cause include Spanish Colonial Arts Society Inc ($882k), American Friends of the Celtic Saints Inc ($882k) and N1 Foundation Inc ($882k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $176k (37% of expenses). Other salaries and wages came to $89k. It paid $7,500 in professional fundraising fees. At year end it held assets of $494k against liabilities of $74k, net assets of $420k. It reported 6 employees.