Kanren Inc

Analysis

Kanren Inc is a registered charity in United States, based in Lawrence, KS. It received its IRS tax-exemption ruling in June 2004, 22 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kanren Inc reported income of $6.0m and spending of $4.9m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.5m to $6.0m (+9.1%), an average of +2.2% a year. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kanren Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within KS. Charities of a similar size with the same main cause include Performing Arts Center of Suffolk County Inc ($6.0m), Theater Offensive Inc ($6.0m) and Council for Economic Education ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $368k (7.5% of expenses). Other salaries and wages came to $496k. At year end it held assets of $8.9m against liabilities of $446k, net assets of $8.5m. It reported 11 employees.