Aspirnaut

Analysis

Aspirnaut is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in March 2005, 21 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, Aspirnaut reported income of $167k and spending of $137k, spending 82% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $338k to $167k (-51%), an average of -30% a year. The sharpest change came in the year to December 2022, when income dropped by 46%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aspirnaut 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 50th percentile, and in the 51st percentile within TN. Charities of a similar size with the same main cause include Academy of Visual and Performing Arts Foundation ($167k), Dance Wisconsin Inc ($167k) and Art Seed ($167k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 17% of the total. At year end it held assets of $510k against liabilities of $0, net assets of $510k.