Sheas Oconnel Preservation Guild Ltd

Analysis

Sheas Oconnel Preservation Guild Ltd is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in July 1981, 45 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, Sheas Oconnel Preservation Guild Ltd reported income of $23.5m and spending of $23.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $36.7m to $23.5m (-36%), an average of -10% a year. The sharpest change came in the year to June 2022, when income rose by 1618%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sheas Oconnel Preservation Guild Ltd sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Social Science Research Council ($23.5m), Broadway Sacramento ($23.5m) and Providence Performing Arts Center ($23.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.3% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $663k (2.8% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $24.5m against liabilities of $8.6m, net assets of $15.9m. It reported 446 employees.