Skyline Farm

Analysis

Skyline Farm is a registered charity in United States, based in Yarmouth, ME. It received its IRS tax-exemption ruling in June 2000, 26 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 August 2023, Skyline Farm reported income of $65k and spending of $36k, leaving 45% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $41k to $65k (+58%), an average of +12% a year. The sharpest change came in the year to August 2021, when income rose by 270%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Skyline Farm sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 19th percentile within ME. Charities of a similar size with the same main cause include Mettawee Theatre Co Inc ($65k), Osage Arts Community Inc ($65k) and Forum of Regional Arts Councils of Minnesota Inc ($65k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $743k against liabilities of $0, net assets of $743k.