Ensemble Iberica Inc

Analysis

Ensemble Iberica Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in June 2015, 11 years ago. 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, Ensemble Iberica Inc reported income of $504k and spending of $492k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $326k to $504k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ensemble Iberica Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within MO. Charities of a similar size with the same main cause include National Church Residences of ($503k), Travis County Medical Society Foundation ($504k) and Childrens House Inc ($503k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $109k (22% of expenses). At year end it held assets of $51k against liabilities of $10k, net assets of $41k. It reported 3 employees.