International Association for the Fantastic in the Arts

Analysis

International Association for the Fantastic in the Arts is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in November 1985, 41 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 July 2024, International Association for the Fantastic in the Arts reported income of $79k and spending of $76k, spending 97% of its income. Across the 3 years on record, from July 2022 to July 2024, income grew from $71k to $79k (+11%), an average of +5.3% a year. The sharpest change came in the year to July 2023, when income rose by 45%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, International Association for the Fantastic in the Arts sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 27th percentile within CO. Charities of a similar size with the same main cause include Central Coast Childrens Choir ($79k), Venice Chorale Inc ($79k) and Chattanooga Girls Choir Inc ($79k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 0.4% and program service revenue 58% of the total. At year end it held assets of $209k against liabilities of $0, net assets of $209k.