Salty Earth Pictures Inc

Analysis

Salty Earth Pictures Inc is a registered charity in United States, based in Fort Atkinson, WI. It received its IRS tax-exemption ruling in April 2003, 23 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, Salty Earth Pictures Inc reported income of $522k and spending of $381k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $189k to $522k (+176%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Salty Earth Pictures Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within WI. Charities of a similar size with the same main cause include Writers Room Inc ($522k), Steamboat Art Museum ($522k) and Fins Attached Marine Research and Conservation ($522k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $126k (33% of expenses). At year end it held assets of $377k against liabilities of $83k, net assets of $295k. It reported 2 employees.