Radio Ambulante Studios Inc

Analysis

Radio Ambulante Studios Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2018, 8 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 September 2023, Radio Ambulante Studios Inc reported income of $1.6m and spending of $2.1m, spending 134% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.4m to $1.6m (+8.5%), an average of +2.1% a year. The sharpest change came in the year to September 2021, when income rose by 94%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Radio Ambulante Studios Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Poverty and Race Research Action Council ($1.6m), 3arts Inc ($1.6m) and Perinton Youth Hockey Inc ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $430k (21% of expenses). At year end it held assets of $224k against liabilities of $249k, net assets of -$25k.