Arts, Culture & Humanities
(A200)
IRS Verified
DX Registered
990 on File
ARTSQUEST
Financial strength (30%)
97/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
To provide access to exceptional artistic, cultural and educational experiences using arts and culture as key elements of economic development for our urban communities. ArtsQuest™ supports this mission via the presentation of performing and visual arts, film, arts education classes and outreach, youth programming and cultural events.
Financial Overview — FY 2024
$34.2M
Total Revenue
$25.9M
Total Expenses
$44.2M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
86.4%
Fundraising Efficiency
N/A
Operating Reserve
20.45x
Liability-to-Asset
23.0%
Revenue Diversification
55.2%
Executive Compensation
$1.1M
Compared with Peers
FY 2024
Compared with 433 similar organizations
(United States, Arts, Culture & Humanities, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
86.4% | 79.7% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
7.9% | 13.2% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
5.7% | 5.9% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
20.5 mo | 29.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
23.0% | 12.3% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
55.2% | 67.9% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
10.6% | 7.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.3% | 7.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
24.1% | 2.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $34.2M | $25.9M | $44.2M | 86.4% | 0 |
| 2023 | $30.9M | $24.2M | $35.8M | 83.9% | 0 |
| 2022 | $20.9M | $21.3M | $28.8M | 82.6% | 0 |
| 2021 | $27.4M | $16.5M | N/A | — | 300 |
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