Auricle Communications

Analysis

Auricle Communications is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in June 1992, 34 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 June 2023, Auricle Communications reported income of $2.7m and spending of $2.7m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.3m to $2.7m (+17%), an average of +5.4% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Auricle Communications sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within NJ. Charities of a similar size with the same main cause include Salt Lake Film Society ($2.7m), Los Angeles Childrens Chorus ($2.7m) and Delta Air Transport Heritage Museum Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $336k (12% of expenses). Other salaries and wages came to $401k. At year end it held assets of $6.5m against liabilities of $3.5m, net assets of $3.0m. It reported 11 employees.