International Society of Automation

Analysis

International Society of Automation is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in September 1982, 44 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, International Society of Automation reported income of $14.9m and spending of $14.3m, spending 96% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $13.7m to $14.9m (+8.5%), an average of +2.1% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, International Society of Automation sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Utah Shakespearean Festival Foundation ($14.8m), One Club for Creativity Inc ($14.9m) and Handel and Haydn Society ($14.8m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 7.5% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $722k (5.0% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $45.8m against liabilities of $7.3m, net assets of $38.5m. It reported 70 employees.