Alkemie Early Music Ensemble Inc

Analysis

Alkemie Early Music Ensemble Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in February 2018, 8 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 June 2023, Alkemie Early Music Ensemble Inc reported income of $128k and spending of $130k, spending 102% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $86k to $128k (+48%), an average of +48% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alkemie Early Music Ensemble Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Golden Hornet Project Incorporated ($128k), Yoemem Tekia Foundation ($128k) and Friends of Howe House Society ($128k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.