The Alliance for Media Arts - Culture Inc

Analysis

The Alliance for Media Arts - Culture Inc is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in September 1981, 45 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, The Alliance for Media Arts - Culture Inc reported income of $558k and spending of $510k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $423k to $558k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2020, when income rose by 260%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Alliance for Media Arts - Culture Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within WA. Charities of a similar size with the same main cause include Papagayo ($558k), Jazz Club of Sarasota Inc ($558k) and Amaranth Diabetes Foundation Inc ($558k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $142k (28% of expenses). At year end it held assets of $432k against liabilities of $71k, net assets of $361k. It reported 1 employees.