Flux Projects Inc

Analysis

Flux Projects Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in February 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, Flux Projects Inc reported income of $272k and spending of $210k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $300k to $272k (-9.5%), an average of -2.5% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Flux Projects Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within GA. Charities of a similar size with the same main cause include Quad City Symphony TR ($272k), Winthrop Community Access Television ($272k) and Connecticut Storytelling Center Inc ($272k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $49k. At year end it held assets of $119k against liabilities of $55k, net assets of $63k. It reported 2 employees.