Tilt Institute for the Contemporary Imag

Analysis

Tilt Institute for the Contemporary Imag is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 2009, 17 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 June 2023, Tilt Institute for the Contemporary Imag reported income of $834k and spending of $909k, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.0m to $834k (-19%), an average of -5.0% a year. The sharpest change came in the year to June 2021, when income rose by 54%. 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, Tilt Institute for the Contemporary Imag sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include The Kentuck Museum Association Inc ($834k), Long Island Music Hall of Fame Inc ($834k) and Theatre Jacksonville Inc ($834k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 8.0% of the total. Compensation of current officers, directors and key employees was $105k (12% of expenses). Other salaries and wages came to $278k. At year end it held assets of $787k against liabilities of $251k, net assets of $535k. It reported 13 employees.