Feel the Beat Corp

Analysis

Feel the Beat Corp is a registered charity in United States, based in Glendale, CO. It received its IRS tax-exemption ruling in May 2017, 9 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 August 2023, Feel the Beat Corp reported income of $380k and spending of $331k, spending 87% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $227k to $380k (+67%), an average of +67% a year. The sharpest change came in the year to August 2023, when income rose by 67%. 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, Feel the Beat Corp sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within CO. Charities of a similar size with the same main cause include Santa Paula Art Museum ($380k), The Theatre Within Inc ($380k) and Museum of Contemporary Art of the Americas Inc ($380k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 95% and program service revenue 5.5% of the total. Compensation of current officers, directors and key employees was $67k (20% of expenses). Other salaries and wages came to $98k. At year end it held assets of $188k against liabilities of $52k, net assets of $136k. It reported 3 employees.