Asian Culture and Media Alliance Inc

Analysis

Asian Culture and Media Alliance Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in December 2015, 11 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, Asian Culture and Media Alliance Inc reported income of $185k and spending of $161k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $81k to $185k (+129%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 35%. 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, Asian Culture and Media Alliance Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Conservation Economics Institute Inc ($185k), Sola Contemporary ($185k) and Handmade Arcade ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $239k against liabilities of $20k, net assets of $219k.