Alliance for Market Solutions Inc

Analysis

Alliance for Market Solutions Inc is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover science and technology, 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 2022, Alliance for Market Solutions Inc reported income of $673k and spending of $1.1m, spending 164% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $4.0m to $673k (-83%), an average of -45% a year. The sharpest change came in the year to December 2022, when income rose by 168%. Over the whole period it spent 145% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alliance for Market Solutions Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within VA. Charities of a similar size with the same main cause include Heartland Performing Arts ($673k), Ashland Productions Inc ($673k) and Riverrun International Film Festival ($673k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $496k (45% of expenses). Other salaries and wages came to $168k. At year end it held assets of $348k against liabilities of $18k, net assets of $330k. It reported 2 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.