Ensemble Altera

Analysis

Ensemble Altera is a registered charity in United States, based in Johnston, RI. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ensemble Altera reported income of $164k and spending of $146k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $95k to $164k (+72%), an average of +72% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ensemble Altera sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within RI. Charities of a similar size with the same main cause include Groupmuse Foundation Inc ($164k), Museum of Archaeology Paleontology and Science ($164k) and Centralia Cultural Society ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. At year end it held assets of $43k against liabilities of $5,979, net assets of $37k.