International Ticketing Association Inc

Analysis

International Ticketing Association Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 September 2023, International Ticketing Association Inc reported income of $1.3m and spending of $1.3m, spending 105% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.2m to $1.3m (+8.6%), an average of +2.1% a year. The sharpest change came in the year to September 2021, when income dropped by 67%. Over the whole period it spent 117% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, International Ticketing Association Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IN. Charities of a similar size with the same main cause include Madison Park Economic Development Corporation ($1.3m), Skyline Park Citizens Association Inc ($1.3m) and Glen Aire Mobilehome Park Corporation ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 6.8% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $206k (16% of expenses). Other salaries and wages came to $57k. At year end it held assets of $462k against liabilities of $559k, net assets of -$97k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.