Audium Incorporated

Analysis

Audium Incorporated is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 1968, 58 years ago. 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, Audium Incorporated reported income of $284k and spending of $249k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $232k to $284k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Audium Incorporated sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Tucson Youth Football & Spirit Federation Inc ($284k), The Center for Understanding in Conflict ($284k) and Laurel Historical Society Inc ($284k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $120k (48% of expenses). Other salaries and wages came to $30k. At year end it held assets of $234k against liabilities of $0, net assets of $234k. It reported 6 employees.