Life on Earth Art

Analysis

Life on Earth Art is a registered charity in United States, based in Petaluma, CA. It received its IRS tax-exemption ruling in September 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 December 2023, Life on Earth Art reported income of $2.1m and spending of $1.2m, leaving 45% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.5m to $2.1m (+42%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 3304%. Over the whole period it spent 55% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Life on Earth Art sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Gala Inc Groupo de Artistas Latinoamericanos ($2.1m), Wisdom Publication Inc ($2.1m) and South Bend Symphony Orchestra Association Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 2.1% of the total. Other salaries and wages came to $372k. At year end it held assets of $2.2m against liabilities of $585k, net assets of $1.7m. It reported 10 employees.