Visionbox Studio

Analysis

Visionbox Studio is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in May 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 August 2023, Visionbox Studio reported income of $215k and spending of $208k, spending 97% of its income. Across the 2 years on record, from August 2022 to August 2023, income fell from $295k to $215k (-27%), an average of -27% a year. The sharpest change came in the year to August 2023, when income dropped by 27%. 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, Visionbox Studio sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within CO. Charities of a similar size with the same main cause include Henderson Music Preservation Society Inc ($215k), Early Music Foundation Inc ($215k) and Riverside Community Players ($215k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $75k (36% of expenses). At year end it held assets of $11k against liabilities of $0, net assets of $11k.