Audio Information Network of Colorado

Analysis

Audio Information Network of Colorado is a registered charity in United States, based in Louisville, CO. It received its IRS tax-exemption ruling in November 1990, 36 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, Audio Information Network of Colorado reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $728k to $1.1m (+48%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Audio Information Network of Colorado sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include Lyric Opera of Kansas City FDN ($1.1m), Living Traditions Inc ($1.1m) and Carroll County Arts Council ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $120k (11% of expenses). Other salaries and wages came to $435k. At year end it held assets of $648k against liabilities of $59k, net assets of $589k. It reported 10 employees.