Kollaboration

Analysis

Kollaboration is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 2006, 20 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, Kollaboration reported income of $82k and spending of $34k, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $119k to $82k (-31%), an average of -8.8% a year. The sharpest change came in the year to December 2023, when income rose by 155%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kollaboration sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Capital Regiment Drum and Bugle Corps ($82k), A Dream Center ($82k) and Opera House Players ($82k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $81k against liabilities of $6,756, net assets of $75k.