Venture Productions Inc

Analysis

Venture Productions Inc is a registered charity in United States, based in West Union, OH. It received its IRS tax-exemption ruling in February 1981, 45 years ago. 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, Venture Productions Inc reported income of $1.4m and spending of $1.6m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.4m (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2020, when income dropped by 18%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Venture Productions Inc 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 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Nazareth Villages Inc ($1.4m), Diocesan Council of Biloxi Society of St Vincent de Paul ($1.4m) and Lansing Electrical Joint Apprenticeship & Training Trust ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.4% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $113k (7.2% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 55 employees.