Beaverton Arts Foundation Inc

Analysis

Beaverton Arts Foundation Inc is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in August 1999, 27 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, Beaverton Arts Foundation Inc reported income of $3.2m and spending of $2.9m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $713k to $3.2m (+346%), an average of +45% a year. The sharpest change came in the year to June 2021, when income rose by 583%. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Beaverton Arts Foundation Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OR. Charities of a similar size with the same main cause include District Bridges ($3.2m), University Press of Mississippi Inc ($3.2m) and International Critical Incident Stress Foundation Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $138k (4.8% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $4.8m against liabilities of $598k, net assets of $4.2m. It reported 41 employees.