Indie Meme Org

Analysis

Indie Meme Org is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Indie Meme Org reported income of $193k and spending of $138k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $104k to $193k (+86%), an average of +86% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Indie Meme Org sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Rocky Neck Art Colony Inc ($193k), Ne Sculpture ($193k) and The Paul Bunyan Playhouse Inc ($193k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 16% of the total. At year end it held assets of $192k against liabilities of $4,709, net assets of $187k.