American Impressionist Society Inc

Analysis

American Impressionist Society Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in June 2013, 13 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, American Impressionist Society Inc reported income of $273k and spending of $320k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $273k (+15%), an average of +3.7% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Impressionist Society Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within NE. Charities of a similar size with the same main cause include Jazz Angel Inc ($273k), Hill Country Community Theatre Inc ($273k) and Tri an Foundation Inc ($273k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $12k (3.7% of expenses). Other salaries and wages came to $47k. At year end it held assets of $227k against liabilities of $2,714, net assets of $224k. It reported 3 employees.