Greenway Arts Alliance

Analysis

Greenway Arts Alliance is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 2006, 20 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 2024, Greenway Arts Alliance reported income of $2.9m and spending of $3.2m, spending 112% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.8m to $2.9m (+5.0%), an average of +1.0% a year. The sharpest change came in the year to June 2021, when income rose by 51%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Greenway Arts Alliance 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 89th percentile within CA. Charities of a similar size with the same main cause include Corporation for National Research Initiatives ($2.9m), Wilma Theater Inc ($2.9m) and Musicians on Call Inc ($2.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.7% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $290k (9.0% of expenses). Other salaries and wages came to $1.1m. It paid $34k in professional fundraising fees. At year end it held assets of $2.4m against liabilities of $158k, net assets of $2.2m. It reported 110 employees.