Emis Colorful Future Foundation

Analysis

Emis Colorful Future Foundation is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in February 2022, 4 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, Emis Colorful Future Foundation reported income of $307k and spending of $288k, spending 94% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $244k to $307k (+26%), an average of +8.0% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Emis Colorful Future Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Bay Street Players Inc ($307k), Chinatown Museum Foundation ($307k) and Glass Half Full Theatre ($307k).

At year end it held assets of $48k against liabilities of $0, net assets of $48k.