Scandinavian Park Incorporated NFP

Analysis

Scandinavian Park Incorporated NFP is a registered charity in United States, based in Roselle, IL. It received its IRS tax-exemption ruling in May 2004, 22 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 2023, Scandinavian Park Incorporated NFP reported income of $100k and spending of $153k, spending 154% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $99k to $100k (+0.5%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 52%. 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, Scandinavian Park Incorporated NFP sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within IL. Charities of a similar size with the same main cause include Colorado Repertory Singers ($100k), Historical Society of Pottawattamie County ($100k) and Sarasota Architectural Foundation Inc ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 59% of the total. At year end it held assets of $2.1m against liabilities of $1,600, net assets of $2.1m.