Ensemblenewsrq Inc

Analysis

Ensemblenewsrq Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Ensemblenewsrq Inc reported income of $181k and spending of $224k, spending 124% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income grew from $136k to $181k (+33%), an average of +33% a year. The sharpest change came in the year to May 2024, when income rose by 33%. Over the whole period it spent 115% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ensemblenewsrq Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include Lincoln Forum ($181k), Ogontz Arts Foundation ($182k) and The Rangeley Lakes Region Historical Society ($181k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 63% and program service revenue 35% of the total. At year end it held assets of $21k against liabilities of $703, net assets of $20k.