Futurepoem Inc

Analysis

Futurepoem Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2009, 17 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, Futurepoem Inc reported income of $105k and spending of $117k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $109k to $105k (-3.9%), an average of -3.9% a year. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Futurepoem Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include North Carolina Veterans Memorial Inc ($105k), Jezebel Productions Inc ($105k) and Kimage Inc ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. At year end it held assets of $34k against liabilities of $9,597, net assets of $24k.