Indexical Inc

Analysis

Indexical Inc is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in April 2019, 7 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 August 2023, Indexical Inc reported income of $228k and spending of $323k, spending 142% of what it took in. Across the 4 years on record, from August 2019 to August 2023, income grew from $78k to $228k (+192%), an average of +43% a year. The sharpest change came in the year to August 2022, when income rose by 278%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Indexical Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Cavalcade of Bands Association Inc ($228k), Hwoa ($228k) and Fox Valley Music Consortium ($228k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 71% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $59k (18% of expenses). Other salaries and wages came to $55k. At year end it held assets of $13k against liabilities of $98, net assets of $13k. It reported 3 employees.