Instruments of Change Inc

Analysis

Instruments of Change Inc is a registered charity in United States, based in Brandon, FL. It received its IRS tax-exemption ruling in May 2009, 17 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, Instruments of Change Inc reported income of $104k and spending of $159k, spending 153% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $116k to $104k (-9.9%), an average of -5.1% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Instruments of Change Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Fair Observer ($104k), Yankton Area Arts Association ($104k) and Guernica Inc ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.3% of the total. At year end it held assets of $77k against liabilities of $2,543, net assets of $75k.