Kinetic Ensemble

Analysis

Kinetic Ensemble is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 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 June 2024, Kinetic Ensemble reported income of $101k and spending of $90k, spending 89% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $73k to $101k (+38%), an average of +38% a year. The sharpest change came in the year to June 2024, when income rose by 38%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kinetic Ensemble sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Save Historic Antietam Foundation Inc ($101k), Chatham Community Players Inc ($101k) and Naalehu Theatre ($101k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $48k against liabilities of $80, net assets of $48k.