Prismatic Movement

Analysis

Prismatic Movement is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 2016, 10 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, Prismatic Movement reported income of $137k and spending of $112k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $134k to $137k (+2.3%), an average of +2.3% a year. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Prismatic Movement sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Allegro Dance Project Inc ($137k), Panhandle Pioneer Settlement Inc ($138k) and Latinx Kidlit Book Festival Inc ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.