Framework Video Community

Analysis

Framework Video Community is a registered charity in United States, based in Mountain View, CA. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Framework Video Community reported income of $121k and spending of $118k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $121k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. 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, Framework Video Community sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include South Florida Friends of Classical Music ($121k), Li Huasheng Art Foundation ($121k) and Watertown Concert Association ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.6% of the total. At year end it held assets of $69 against liabilities of $0, net assets of $69.