Artist Studio Association

Analysis

Artist Studio Association is a registered charity in United States, based in Lincoln City, OR. It received its IRS tax-exemption ruling in March 1951, 75 years ago. 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, Artist Studio Association reported income of $52k and spending of $54k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $52k (+5.8%), an average of +5.8% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Artist Studio Association sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within OR. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($52k), PTA California Congress of Parents Teachers & Students Inc ($52k) and PTA Florida Congress ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. At year end it held assets of $345k against liabilities of $0, net assets of $345k.