Amplify Arts

Analysis

Amplify Arts is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Amplify Arts reported income of $205k and spending of $323k, spending 158% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $301k to $205k (-32%), an average of -7.4% a year. The sharpest change came in the year to December 2020, when income rose by 89%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Amplify Arts sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within NE. Charities of a similar size with the same main cause include Annunciation Austin ($205k), Spring Tri-Club Inc ($205k) and Poth Education Foundation ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.8% of the total. Compensation of current officers, directors and key employees was $198k (61% of expenses). At year end it held assets of $62k against liabilities of $4,672, net assets of $58k. It reported 3 employees.