Tri314 Multidisciplinary Visual Performances Inc

Analysis

Tri314 Multidisciplinary Visual Performances Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 2019, 7 years ago. 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, Tri314 Multidisciplinary Visual Performances Inc reported income of $578k and spending of $723k, spending 125% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $840k to $578k (-31%), an average of -17% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tri314 Multidisciplinary Visual Performances Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Vance Granville Community College Endowment Fund ($578k), Professional Flair Inc ($578k) and Hingham Community Nursery School Inc ($578k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $84k (12% of expenses). Other salaries and wages came to $265k. At year end it held assets of $97k against liabilities of $0, net assets of $97k. It reported 8 employees.