Aes World Languages and Cultures Institute Inc

Analysis

Aes World Languages and Cultures Institute Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in July 2011, 15 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, Aes World Languages and Cultures Institute Inc reported income of $84k and spending of $91k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $84k (+53%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 124% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aes World Languages and Cultures Institute Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 40th percentile within MA. Charities of a similar size with the same main cause include The Syracuse Sounds of Music Association Inc ($84k), Joy Engine Inc ($84k) and Project 15 Corp ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.8% and program service revenue 90% of the total. At year end it held assets of $6,784 against liabilities of $0, net assets of $6,784.