Podium Society Inc

Analysis

Podium Society Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2021, 5 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, Podium Society Inc reported income of $1.2m and spending of $1.3m, spending 111% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $998k to $1.2m (+19%), an average of +9.0% a year. The sharpest change came in the year to December 2023, when income rose by 114%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Podium Society Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Boise Contemporary Theater Inc ($1.2m), Leonard Wood Institute Inc ($1.2m) and African American Leadership Alliance - Milwaukee Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 81% of the total. It paid $194k in professional fundraising fees. At year end it held assets of $1.2m against liabilities of $4,000, net assets of $1.2m.