Riser Foundation

Analysis

Riser Foundation is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in June 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, Riser Foundation reported income of $184k and spending of $83k, leaving 55% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $471k to $184k (-61%), an average of -38% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Riser Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within TN. Charities of a similar size with the same main cause include Ember Choral Arts Inc ($184k), Mercy for Humanity Inc ($184k) and Needham Historical Society Inc ($184k).

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 $182k against liabilities of $0, net assets of $182k.