American Friends of Outset Inc

Analysis

American Friends of Outset Inc is a registered charity in United States, based in Jackson, WY. It received its IRS tax-exemption ruling in October 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, American Friends of Outset Inc reported income of $367k and spending of $463k, spending 126% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $165k to $367k (+122%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 100% 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 Friends of Outset Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within WY. Charities of a similar size with the same main cause include Heartland Festival Orchestra ($367k), Easthampton Media Inc ($367k) and Buffalo County Historical Society ($367k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $50 against liabilities of $0, net assets of $50.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.