American Ai Forum

Analysis

American Ai Forum is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in November 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, American Ai Forum reported income of $12.0m and spending of $2.9m, leaving 76% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $218k to $12.0m (+5395%), an average of +280% a year. The sharpest change came in the year to December 2023, when income rose by 537%. Over the whole period it spent 30% 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 Ai Forum sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Original Music Workshop Inc ($12.0m), Holocaust Museum LA ($12.0m) and Wisconsin Public Broadcasting Foundation Inc ($12.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $279k (9.5% of expenses). Other salaries and wages came to $856k. At year end it held assets of $11.1m against liabilities of $654k, net assets of $10.4m. It reported 14 employees.