Conspirare Inc

Analysis

Conspirare Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 1991, 35 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 June 2023, Conspirare Inc reported income of $1.5m and spending of $1.9m, spending 131% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.2m to $1.5m (-34%), an average of -9.8% a year. The sharpest change came in the year to June 2020, when income dropped by 38%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Conspirare Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Palo Alto Art Center Foundation ($1.5m), Hack the Hood Inc ($1.5m) and Downtown Cabaret Theatre Company of Bridgeport ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $238k (12% of expenses). Other salaries and wages came to $336k. At year end it held assets of $594k against liabilities of $115k, net assets of $479k. It reported 8 employees.