Artsie Inc

Analysis

Artsie Inc is a registered charity in United States, based in Evanston, IL. 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 September 2023, Artsie Inc reported income of $64k and spending of $58k, spending 92% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $49k to $64k (+31%), an average of +31% a year. The sharpest change came in the year to September 2023, when income rose by 31%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artsie Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within IL. Charities of a similar size with the same main cause include American Legion Band of the Tonawandas Inc ($64k), Czech and Slovak Association Inc ($64k) and The Apogee Foundation ($64k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.