Spark Arts Ignite Learning

Analysis

Spark Arts Ignite Learning is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in September 2022, 4 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 2024, Spark Arts Ignite Learning reported income of $367k and spending of $364k, spending 99% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $46k to $367k (+696%), an average of +696% a year. The sharpest change came in the year to June 2024, when income rose by 696%. Over the whole period it spent 128% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Spark Arts Ignite Learning sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within MT. Charities of a similar size with the same main cause include Mariachi Spectacular ($367k), Push Push Arts Company ($367k) and Dare to Defy Productions Inc ($367k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $67k (18% of expenses). Other salaries and wages came to $7,262. At year end it held assets of $86k against liabilities of $7,024, net assets of $79k. It reported 2 employees.