Amplifier Foundation

Analysis

Amplifier Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 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, Amplifier Foundation reported income of $1.0m and spending of $1.1m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $840k to $1.0m (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Amplifier Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Chamber Music Society of Palm Beach Inc ($1.0m), Vision Sciences Society Inc ($1.0m) and Port Huron Museum of Arts & History ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $401k (36% of expenses). Other salaries and wages came to $47k. At year end it held assets of $221k against liabilities of $51k, net assets of $170k. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.