Innovision Awards Organization

Analysis

Innovision Awards Organization is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in August 2011, 15 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 (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, Innovision Awards Organization reported income of $87k and spending of $101k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $87k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Innovision Awards Organization sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 39th percentile within SC. Charities of a similar size with the same main cause include Center for Reflection Education and Action Incorporated ($87k), Ballet Wolcott Inc ($87k) and International Society of Information Fusion ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $16k, net assets of $8,054.