The Esoterics

Analysis

The Esoterics is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in December 1995, 31 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, The Esoterics reported income of $126k and spending of $137k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $232k to $126k (-46%), an average of -14% a year. The sharpest change came in the year to December 2022, when income rose by 424%. Over the whole period it spent 89% 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 Esoterics sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 39th percentile within WA. Charities of a similar size with the same main cause include Golandsky Institute ($126k), Gaylord Area Council for the Arts ($126k) and Around the Curtain Childrens Theatre ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.