Making Books Sing Inc

Analysis

Making Books Sing Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2002, 24 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 June 2023, Making Books Sing Inc reported income of $1.8m and spending of $1.9m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.8m (+54%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Making Books Sing Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include US Marshals Museum Inc ($1.8m), Angels Gate Cultural Center Inc ($1.8m) and St Petersburg Opera Company ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $26k (1.4% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $317k against liabilities of $309k, net assets of $7,435. It reported 152 employees.