Between Beats Inc

Analysis

Between Beats Inc is a registered charity in United States, based in Dixon, IL. It received its IRS tax-exemption ruling in August 2022, 4 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, Between Beats Inc reported income of $582k and spending of $696k, spending 120% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $237k to $582k (+146%), an average of +57% a year. The sharpest change came in the year to December 2022, when income rose by 215%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Between Beats Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Kansas City Actors Theatre Inc ($582k), World Shibori Network Inc ($582k) and Youth Orchestras of Fresno ($582k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $50k (7.2% of expenses). Other salaries and wages came to $199k. At year end it held assets of $96k against liabilities of $6,169, net assets of $89k. It reported 7 employees.