Bindlestiff Studio

Analysis

Bindlestiff Studio is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Bindlestiff Studio reported income of $323k and spending of $214k, leaving 34% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $336k to $323k (-3.8%), an average of -1.3% a year. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bindlestiff Studio sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Master Musicians Festival Inc ($323k), James R Halsey Foundation of the Arts ($323k) and North Shore Childrens Theatre ($323k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $45k (21% of expenses). Other salaries and wages came to $46k. At year end it held assets of $444k against liabilities of $12k, net assets of $432k.