Arts Corps

Analysis

Arts Corps is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in October 2000, 26 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 June 2023, Arts Corps reported income of $1.3m and spending of $1.6m, spending 128% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.5m to $1.3m (-48%), an average of -15% a year. The sharpest change came in the year to June 2020, when income dropped by 36%. Over the whole period it spent 107% 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 Corps sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within WA. Charities of a similar size with the same main cause include Compass Science Communication Inc ($1.3m), Solon Center for Research and Publishing ($1.3m) and Docs Friends Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $104k (6.3% of expenses). Other salaries and wages came to $958k. It paid $5,326 in professional fundraising fees. At year end it held assets of $274k against liabilities of $134k, net assets of $140k. It reported 45 employees.