Inconcert

Analysis

Inconcert is a registered charity in United States, based in Richmond, IN. It received its IRS tax-exemption ruling in October 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Inconcert reported income of $87k and spending of $91k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $95k to $87k (-8.2%), an average of -8.2% a year. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Inconcert 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 31st percentile within IN. Charities of a similar size with the same main cause include Good Hart Artist Residency Inc ($87k), Flushing City Hall Restoration Foundation ($87k) and Manhattan Ensemble Theatre Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.