I Am Cultured Inc

Analysis

I Am Cultured Inc is a registered charity in United States, based in Westbury, NY. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, I Am Cultured Inc reported income of $141k and spending of $86k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $141k (+68%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, I Am Cultured Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Project ($141k), Scissortails Productions Inc ($141k) and Girl Develop It ($141k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 166% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.