Artistic Resources in Action Foundation

Analysis

Artistic Resources in Action Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 2000, 26 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, Artistic Resources in Action Foundation reported income of $155k and spending of $89k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $138k to $155k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 5469%. Over the whole period it spent 34% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artistic Resources in Action Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Cedar Center Arts Inc ($155k), Arkansas Center for Nursing Inc ($155k) and Adirondack Film Society Inc ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $1.4m against liabilities of $20k, net assets of $1.4m.