Hilltop Artists in Residence Program

Analysis

Hilltop Artists in Residence Program is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in April 1995, 31 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 2024, Hilltop Artists in Residence Program reported income of $1.4m and spending of $1.6m, spending 115% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.4m to $1.4m (-1.5%), an average of -0.4% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hilltop Artists in Residence Program sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within WA. Charities of a similar size with the same main cause include Children and Family Enrichment at Idlewild ($1.4m), Charleston Promise Neighborhood ($1.4m) and Setda ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $131k (8.3% of expenses). Other salaries and wages came to $823k. At year end it held assets of $743k against liabilities of $109k, net assets of $633k. It reported 25 employees.