Vibration Institute

Analysis

Vibration Institute is a registered charity in United States, based in Naperville, IL. It received its IRS tax-exemption ruling in March 1973, 53 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Vibration Institute reported income of $1.6m and spending of $1.7m, spending 105% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income fell from $1.8m to $1.6m (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2020, when income dropped by 51%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vibration Institute sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include The Bakken ($1.6m), Cleveland Print Room Inc ($1.6m) and Makauila ($1.6m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 92% of the total. Compensation of current officers, directors and key employees was $205k (12% of expenses). Other salaries and wages came to $378k. At year end it held assets of $2.1m against liabilities of $636k, net assets of $1.5m. It reported 8 employees.