Apples and Oranges Art Inc

Analysis

Apples and Oranges Art Inc is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in May 2014, 12 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 December 2023, Apples and Oranges Art Inc reported income of $472k and spending of $348k, leaving 26% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $304k to $472k (+56%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 100%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Apples and Oranges Art Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Norwegian American Genealogical Center Inc ($472k), Empire State Aerosciences Museum ($473k) and Northampton Community Televisionincorporated ($472k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.4% of the total. Other salaries and wages came to $203k. At year end it held assets of $283k against liabilities of $0, net assets of $283k. It reported 13 employees.