Intersection for the Arts

Analysis

Intersection for the Arts is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 1965, 61 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 June 2023, Intersection for the Arts reported income of $10.1m and spending of $8.7m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.7m to $10.1m (+78%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Intersection for the Arts sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Kunhardt Film Foundation Inc ($10.1m), Florida Orchestra Inc ($10.2m) and National Archives Foundation ($10.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $208k (2.4% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $8.5m against liabilities of $1.2m, net assets of $7.3m. It reported 122 employees.