Immersive Arts Alliance

Analysis

Immersive Arts Alliance is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in August 2020, 6 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, Immersive Arts Alliance reported income of $247k and spending of $213k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $169k to $247k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Immersive Arts Alliance sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Hutchinson Art Association Inc ($247k), Artillery Ocs Alumni Chapter Inc ($247k) and Community Media of the Foothills ($247k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $24k (12% of expenses). At year end it held assets of $44k against liabilities of $75k, net assets of -$31k. It reported 1 employees.