A S E Global Bridges Inc

Analysis

A S E Global Bridges Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 1997, 29 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, A S E Global Bridges Inc reported income of $2.3m and spending of $2.5m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $2.3m (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2021, when income rose by 581%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, A S E Global Bridges Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Greater Chattanooga Public Television Corporation ($2.3m), Bob Baker Marionette Theater ($2.3m) and Kute Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $409k (16% of expenses). Other salaries and wages came to $369k. At year end it held assets of $2.5m against liabilities of $58k, net assets of $2.5m. It reported 44 employees.