Arts West

Analysis

Arts West is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in November 1990, 36 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 August 2023, Arts West reported income of $836k and spending of $1.1m, spending 136% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.0m to $836k (-17%), an average of -4.6% a year. The sharpest change came in the year to August 2023, when income dropped by 27%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arts West 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 77th percentile, and in the 77th percentile within WA. Charities of a similar size with the same main cause include For-Site Foundation ($836k), Aurora Sentinel Community Media ($836k) and Charles Allis Art Museum Inc ($836k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $109k (9.6% of expenses). Other salaries and wages came to $367k. At year end it held assets of $1.0m against liabilities of $169k, net assets of $872k. It reported 74 employees.