Narrative Alchemy

Analysis

Narrative Alchemy is a registered charity in United States, based in Portland, OR. 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, Narrative Alchemy reported income of $200k and spending of $160k, spending 80% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $87k to $200k (+130%), an average of +130% a year. The sharpest change came in the year to June 2024, when income rose by 130%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Narrative Alchemy sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OR. Charities of a similar size with the same main cause include Loaa Foundation ($200k), New Day Childrens Theatre Inc ($200k) and Brownsville Society for the Performing Arts ($200k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $28k (18% of expenses). At year end it held assets of $51k against liabilities of $0, net assets of $51k.