Big Picture Initiative

Analysis

Big Picture Initiative is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Big Picture Initiative reported income of $118k and spending of $119k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $118k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 146% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Big Picture Initiative sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within IL. Charities of a similar size with the same main cause include Ritz Chamber Music Society Inc ($118k), Yuma Orchestra Association ($118k) and Dance Theater of Florida Inc ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 29% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.