Flying Gravity Circus

Analysis

Flying Gravity Circus is a registered charity in United States, based in Wilton, NH. It received its IRS tax-exemption ruling in May 2017, 9 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 August 2023, Flying Gravity Circus reported income of $285k and spending of $304k, spending 107% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income grew from $214k to $285k (+33%), an average of +33% a year. The sharpest change came in the year to August 2023, when income rose by 33%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Flying Gravity Circus sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within NH. Charities of a similar size with the same main cause include Israeli Chamber Project Inc ($285k), Peoples Conservatory ($285k) and Lancaster Creative Factory ($285k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $70k (23% of expenses). At year end it held assets of $78k against liabilities of $1,378, net assets of $77k. It reported 30 employees.