Eclectic Soul Voices Corporation

Analysis

Eclectic Soul Voices Corporation is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 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 (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, Eclectic Soul Voices Corporation reported income of $2.1m and spending of $2.4m, spending 115% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $260k to $2.1m (+702%), an average of +52% a year. The sharpest change came in the year to December 2022, when income rose by 115%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Eclectic Soul Voices Corporation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within IN. Charities of a similar size with the same main cause include Journey to Lead Inc ($2.1m), Neptunes Navy Inc ($2.1m) and Kahilu Theatre Foundation ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $173k (7.2% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.6m against liabilities of $510k, net assets of $1.1m. It reported 12 employees.