Kainaat Studios Inc

Analysis

Kainaat Studios Inc is a registered charity in United States, based in Amherst, MA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover science and technology, 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, Kainaat Studios Inc reported income of $131k and spending of $128k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $124k to $131k (+5.1%), an average of +5.1% a year. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kainaat Studios Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 49th percentile within MA. Charities of a similar size with the same main cause include Garrison Players Inc ($131k), The Wisconsin Alliance of Artists and Craftspeople Inc ($131k) and Laurel Little Theatre Inc ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,455 against liabilities of $1,006, net assets of $2,449.