Astoria Visual Arts Inc

Analysis

Astoria Visual Arts Inc is a registered charity in United States, based in Astoria, OR. It received its IRS tax-exemption ruling in December 1989, 37 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, Astoria Visual Arts Inc reported income of $98k and spending of $78k, leaving 21% of income unspent that year. Across the 3 years on record, from June 2020 to June 2023, income grew from $41k to $98k (+137%), an average of +54% a year. The sharpest change came in the year to June 2023, when income rose by 79%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Astoria Visual Arts Inc sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within OR. Charities of a similar size with the same main cause include Springs Historical Society of the Casselman Valley ($98k), Theatremoves Inc ($98k) and River City Journalism Fund ($98k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 3.3% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.