American Cello Institute Incorporated

Analysis

American Cello Institute Incorporated is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in September 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 December 2023, American Cello Institute Incorporated reported income of $398k and spending of $200k, leaving 50% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $292k to $398k (+36%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 57% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Cello Institute Incorporated sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IN. Charities of a similar size with the same main cause include Cook Forest Sawmill Center for the Arts ($397k), Allied Arts Association ($398k) and Sausalito Center for the Arts ($397k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $43k (22% of expenses). At year end it held assets of $882k against liabilities of $11k, net assets of $871k.