Association of Arts Administration Educators Inc

Analysis

Association of Arts Administration Educators Inc is a registered charity in United States, based in Lawrence, KS. It received its IRS tax-exemption ruling in May 1985, 41 years ago. 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 September 2023, Association of Arts Administration Educators Inc reported income of $947k and spending of $139k, leaving 85% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $124k to $947k (+666%), an average of +666% a year. The sharpest change came in the year to September 2023, when income rose by 666%. Over the whole period it spent 25% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association of Arts Administration Educators Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within KS. Charities of a similar size with the same main cause include Terra Nova Counseling ($947k), American Camping Association Inc New England Section ($948k) and Irondale Productions Inc ($947k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $84k (60% of expenses). At year end it held assets of $936k against liabilities of $1,089, net assets of $934k. It reported 3 employees.