Seattle Artists

Analysis

Seattle Artists is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in August 1994, 32 years ago. 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, Seattle Artists reported income of $122k and spending of $44k, leaving 64% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $44k to $122k (+178%), an average of +178% a year. The sharpest change came in the year to June 2023, when income rose by 178%. Over the whole period it spent 42% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seattle Artists sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 38th percentile within WA. Charities of a similar size with the same main cause include Friends of the Bellingham Public Library ($122k), Vail Pass Task Force ($122k) and Virginia Congress of Parents and Teachers ($122k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 17% of the total. At year end it held assets of $184k against liabilities of $10k, net assets of $174k.