Audience Architects NFP

Analysis

Audience Architects NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2008, 18 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 hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Audience Architects NFP reported income of $215k and spending of $355k, spending 165% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $297k to $215k (-28%), an average of -6.3% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Audience Architects NFP sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within IL. Charities of a similar size with the same main cause include Salt Bay Chamberfest ($215k), Art Possible Ohio ($215k) and Friends of Centennial Hall Inc ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $73k (21% of expenses). Other salaries and wages came to $100k. At year end it held assets of $145k against liabilities of $13k, net assets of $131k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.