Full Spectrum Features NFP

Analysis

Full Spectrum Features NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 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, Full Spectrum Features NFP reported income of $4.6m and spending of $3.6m, leaving 22% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $302k to $4.6m (+1419%), an average of +148% a year. The sharpest change came in the year to December 2022, when income rose by 687%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Full Spectrum Features NFP sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include American Friends of the National Portrait Gallery Foundation Inc ($4.6m), Great Lakes Theater Festival Inc ($4.6m) and Consortium of Universities for the Advancement of Hydrologic Science ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $120k (3.3% of expenses). Other salaries and wages came to $448k. At year end it held assets of $2.5m against liabilities of $1.2m, net assets of $1.4m. It reported 14 employees.