Knight Foundry Alliance

Analysis

Knight Foundry Alliance is a registered charity in United States, based in Sutter Creek, CA. It received its IRS tax-exemption ruling in February 2022, 4 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 December 2023, Knight Foundry Alliance reported income of $153k and spending of $96k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $167k to $153k (-8.6%), an average of -8.6% a year. Over the whole period it spent 52% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Knight Foundry Alliance sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Harlem Late Night Jazz Inc ($153k), Snow Productions ($153k) and Convergence-Continuum ($153k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 16% of the total. At year end it held assets of $326k against liabilities of $0, net assets of $326k.