Above the Clouds

Analysis

Above the Clouds is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in May 2002, 24 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, Above the Clouds reported income of $407k and spending of $427k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $274k to $407k (+49%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 275%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Above the Clouds sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within WI. Charities of a similar size with the same main cause include Glendon Association ($407k), Marion Community School of the Arts Inc ($407k) and Norman Firehouse Art Center Inc ($407k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $187k. At year end it held assets of $200k against liabilities of $72k, net assets of $128k. It reported 4 employees.