Inscied Out Foundation

Analysis

Inscied Out Foundation is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover science and technology, 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, Inscied Out Foundation reported income of $147k and spending of $147k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $176k to $147k (-16%), an average of -4.4% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. 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, Inscied Out Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within MN. Charities of a similar size with the same main cause include Anchorage Chamber Music Festival ($147k), Jafax Inc ($147k) and Techhounds Booster Co ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.