Movable Book Society Inc

Analysis

Movable Book Society Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2005, 21 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, Movable Book Society Inc reported income of $65k and spending of $80k, spending 123% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income grew from $35k to $65k (+87%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 283%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Movable Book Society Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within IL. Charities of a similar size with the same main cause include Beckley Performing Arts Inc ($65k), Coin & Ghost ($65k) and Polish Heritage Center ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 48% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.