Academy of Interactive Entertainment

Analysis

Academy of Interactive Entertainment is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Academy of Interactive Entertainment reported income of $2.0m and spending of $2.2m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.6m to $2.0m (-22%), an average of -5.9% a year. The sharpest change came in the year to June 2023, when income dropped by 37%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academy of Interactive Entertainment sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within WA. Charities of a similar size with the same main cause include Citizens of the World Charter Schools ($2.0m), Project Scientist ($2.0m) and Community Venture Foundation ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.8% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $203k (9.1% of expenses). Other salaries and wages came to $1000k. At year end it held assets of $1.7m against liabilities of $494k, net assets of $1.2m. It reported 24 employees.