Listening Room Inc

Analysis

Listening Room Inc is a registered charity in United States, based in Hastings, NE. It received its IRS tax-exemption ruling in August 1997, 29 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 June 2024, Listening Room Inc reported income of $379k and spending of $220k, leaving 42% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $147k to $379k (+158%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 200%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Listening Room Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NE. Charities of a similar size with the same main cause include Southwest Michigan Symphony Orchestra Inc ($379k), Unification of Korea Academic Research Foundation ($379k) and Wondertrek Childrens Museum ($379k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 57% and program service revenue 19% of the total. Other salaries and wages came to $23k. At year end it held assets of $1.5m against liabilities of $277k, net assets of $1.3m. It reported 16 employees.