Highview Arts Inc

Analysis

Highview Arts Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 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 June 2024, Highview Arts Inc reported income of $53k and spending of $59k, spending 112% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $76k to $53k (-30%), an average of -30% a year. The sharpest change came in the year to June 2024, when income dropped by 30%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Highview Arts Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within KY. Charities of a similar size with the same main cause include Lumberton Choir Boosters ($53k), Palos Verdes Iranian Children & Youth Cultural Society ($53k) and Ambassadors of Harmony Foundation ($53k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 61% of the total. At year end it held assets of $18k against liabilities of $360, net assets of $17k.