Antenna

Analysis

Antenna is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in August 2007, 19 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 2022, Antenna reported income of $1.5m and spending of $1.7m, spending 113% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.4m to $1.5m (+2.7%), an average of +0.9% a year. The sharpest change came in the year to December 2020, when income rose by 43%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Antenna sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within LA. Charities of a similar size with the same main cause include Saras Pre-School Inc ($1.5m), National Sportsmanship Foundation Inc ($1.5m) and Canyons School District Education Foundation ($1.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 88% and program service revenue 6.4% of the total. Other salaries and wages came to $323k. At year end it held assets of $1.2m against liabilities of $434k, net assets of $804k.