New School for the Arts Middle School

Analysis

New School for the Arts Middle School is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, New School for the Arts Middle School reported income of $1.0m and spending of $857k, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $551k to $1.0m (+86%), an average of +17% a year. The sharpest change came in the year to June 2020, when income rose by 28%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New School for the Arts Middle School sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within AZ. Charities of a similar size with the same main cause include Calvary Chapel University Inc ($1.0m), Christian Campus House Inc ($1.0m) and Palante Harlem Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $38k (4.5% of expenses). Other salaries and wages came to $417k. At year end it held assets of $1.7m against liabilities of $1.1m, net assets of $640k. It reported 22 employees.