Americas Turning Point Inc
Analysis
Americas Turning Point Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover social science, 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 June 2023, Americas Turning Point Inc reported income of $4.8m and spending of $6.2m, spending 127% of what it took in. Across the 3 years on record, from June 2020 to June 2023, income grew from $2.0m to $4.8m (+141%), an average of +55% a year. The sharpest change came in the year to June 2023, when income rose by 341%. Over the whole period it spent 103% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Americas Turning Point Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IN. Charities of a similar size with the same main cause include Grand Rapids Art Museum ($4.8m), Washington Public Affairs Network ($4.8m) and Arts Center of Coastal Carolina ($4.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $173k (2.8% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $123k against liabilities of $337k, net assets of -$214k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Grand Rapids Art Museum | Grand Rapids | $4.8m |
| Washington Public Affairs Network | Olympia | $4.8m |
| Arts Center of Coastal Carolina | Hilton Head | $4.8m |
| Film Makers Collaborative Incorporated | Amesbury | $4.9m |