Open Imagery Network Inc

Analysis

Open Imagery Network Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2016, 10 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 (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, Open Imagery Network Inc reported income of $2.5m and spending of $1.5m, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $511k to $2.5m (+390%), an average of +49% a year. The sharpest change came in the year to December 2021, when income rose by 88%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Open Imagery Network Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 70th percentile within DC. Charities of a similar size with the same main cause include National Native American Boarding School Healing Coalition ($2.5m), Potlatch Fund ($2.5m) and California Indian Museum & Cultural Center ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $557k (36% of expenses). Other salaries and wages came to $183k. At year end it held assets of $1.3m against liabilities of $106k, net assets of $1.2m.