Financial Information for 516 Arts

516 Arts's annual revenue was $384K in tax year 2024, reported on their IRS Form 990. They spent $728K in total expenses. 66% went to programs and services.

Financial Breakdown

What is 516 Arts's total annual expenses?

516 Arts spent $728K in tax year 2024, according to their IRS Form 990 filing.

How much of 516 Arts's budget goes to programs?

516 Arts spent $482K (66% of expenses) on programs and services in tax year 2024.

How much does 516 Arts spend on overhead?

516 Arts's overhead in tax year 2024 includes administrative (24%) and fundraising (10%) of their expenses.

What is 516 Arts's net worth?

516 Arts had net assets of $1.2M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.