Young Audiences of Indiana Inc

Analysis

Young Audiences of Indiana Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in November 1975, 51 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 June 2023, Young Audiences of Indiana Inc reported income of $1.4m and spending of $1.1m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.4m (+4.9%), an average of +1.2% a year. The sharpest change came in the year to June 2021, when income rose by 66%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Young Audiences of Indiana Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include Institute of Music for Children Inc ($1.4m), Curtain Call Inc ($1.4m) and Only Make Believe Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $100k (9.5% of expenses). Other salaries and wages came to $314k. At year end it held assets of $2.5m against liabilities of $201k, net assets of $2.3m. It reported 9 employees.