Synchromy

Analysis

Synchromy is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in February 2014, 12 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 2024, Synchromy reported income of $167k and spending of $148k, spending 89% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $100k to $167k (+67%), an average of +29% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Synchromy sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Share the Movement Inc ($167k), Global Culture Education Foundation ($167k) and Fuse Theatre Ensemble ($167k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 18% and program service revenue 82% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.