Kweli Journal Inc

Analysis

Kweli Journal Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2010, 16 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 December 2023, Kweli Journal Inc reported income of $182k and spending of $361k, spending 198% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $172k to $182k (+6.3%), an average of +3.1% a year. The sharpest change came in the year to December 2022, when income rose by 123%. 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, Kweli Journal Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Tacoma Urban Performing Arts Center ($182k), Messenger Films ($182k) and Music on the Half Shell ($182k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Other salaries and wages came to $79k. At year end it held assets of $97k against liabilities of $1,500, net assets of $96k. It reported 5 employees.