Freedomtainment

Analysis

Freedomtainment is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in March 2021, 5 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, Freedomtainment reported income of $565k and spending of $545k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $74k to $565k (+661%), an average of +176% a year. The sharpest change came in the year to December 2022, when income rose by 414%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Freedomtainment sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within NE. Charities of a similar size with the same main cause include On Stage Vacaville ($564k), US Partnership for Assured Electronics ($565k) and Steep Theatre Company ($564k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.