Convivio Inc

Analysis

Convivio Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in January 2005, 21 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, Convivio Inc reported income of $316k and spending of $275k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $216k to $316k (+46%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 106%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Convivio Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Arts for the City Inc ($316k), Cascade Educational Broadcast Service ($316k) and Vem USA Inc ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. Other salaries and wages came to $108k. At year end it held assets of $145k against liabilities of $458k, net assets of -$313k.