Smack Mellon Studios Inc

Analysis

Smack Mellon Studios Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 1998, 28 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, Smack Mellon Studios Inc reported income of $734k and spending of $738k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $640k to $734k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Smack Mellon Studios Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Lancaster Symphony Orchestra ($734k), Black Theatre Troupe Inc ($734k) and Kayenta Arts Foundation ($734k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $146k. At year end it held assets of $753k against liabilities of $124k, net assets of $629k. It reported 4 employees.