The Arts of Kenmore

Analysis

The Arts of Kenmore is a registered charity in United States, based in Kenmore, WA. It received its IRS tax-exemption ruling in June 2001, 25 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 December 2023, The Arts of Kenmore reported income of $78k and spending of $60k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $78k (+4.5%), an average of +4.5% a year. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Arts of Kenmore sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 25th percentile within WA. Charities of a similar size with the same main cause include Media & Policy Center Foundation of California ($78k), International Committee Monitoring Assisted Reproductive Technologies ($78k) and Mainstreet Las Vegas Inc ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.