Fresno Ideaworks

Analysis

Fresno Ideaworks is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fresno Ideaworks reported income of $120k and spending of $113k, spending 94% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $107k to $120k (+12%), an average of +2.3% a year. The sharpest change came in the year to December 2021, when income rose by 154%. 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, Fresno Ideaworks sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Joyas Mestizas ($120k), Craik Patton Inc ($120k) and Tong Xiao Ling Chinese Opera Ensemble ($120k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Other salaries and wages came to $11k. At year end it held assets of $555k against liabilities of $391k, net assets of $165k. It reported 7 employees.