Great Small Works Inc

Analysis

Great Small Works Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1997, 29 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, Great Small Works Inc reported income of $136k and spending of $151k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $261k to $136k (-48%), an average of -15% a year. The sharpest change came in the year to December 2022, when income rose by 136%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Great Small Works Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Oakdale Cowboy Museum Inc ($136k), Bridge Club of North County Inc ($136k) and Loveland Creatorspace ($136k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $24k (16% of expenses). Other salaries and wages came to $7,872. At year end it held assets of $126k against liabilities of $11k, net assets of $115k. It reported 7 employees.