Not an Alternative Inc

Analysis

Not an Alternative Inc is a registered charity in United States, based in Vashon, WA. It received its IRS tax-exemption ruling in April 2008, 18 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, Not an Alternative Inc reported income of $474k and spending of $528k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $603k to $474k (-21%), an average of -5.9% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Not an Alternative Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within WA. Charities of a similar size with the same main cause include African International Collaborative Center Inc ($474k), Sorg Opera Revitalization Group LLC ($474k) and Eccles Community Art Center ($474k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $145k (27% of expenses). Other salaries and wages came to $95k. At year end it held assets of $758k against liabilities of $67k, net assets of $691k. It reported 4 employees.