The Bottom

Analysis

The Bottom is a registered charity in United States, based in Knoxville, TN. 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, The Bottom reported income of $332k and spending of $364k, spending 110% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $229k to $332k (+45%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Bottom sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within TN. Charities of a similar size with the same main cause include Disco Riot ($332k), Global Arts Corporation ($332k) and Uwpiaa ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $101k (28% of expenses). Other salaries and wages came to $42k. At year end it held assets of $214k against liabilities of $0, net assets of $214k. It reported 9 employees.