Americas Media Initiative NFP

Analysis

Americas Media Initiative NFP is a registered charity in United States, based in Chicago, IL. 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 (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, Americas Media Initiative NFP reported income of $53k and spending of $63k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $20k to $53k (+164%), an average of +164% a year. The sharpest change came in the year to December 2023, when income rose by 164%. Over the whole period it spent 142% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Americas Media Initiative NFP sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within IL. Charities of a similar size with the same main cause include Ohio Valley Summer Theater ($53k), St Andrew S Society of Upper South Carolina Heritage Fund ($53k) and Lake Arts Council ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. At year end it held assets of $24k against liabilities of $1,566, net assets of $22k.