Singomaha Inc

Analysis

Singomaha Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in March 2008, 18 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 June 2023, Singomaha Inc reported income of $379k and spending of $366k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $326k to $379k (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Singomaha Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NE. Charities of a similar size with the same main cause include Gullah Traveling Theater ($379k), Insectarium and Butterfly Pavilion Inc ($379k) and Santa Fe Fiesta Inc ($379k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $75k (20% of expenses). Other salaries and wages came to $71k. At year end it held assets of $141k against liabilities of $0, net assets of $141k. It reported 24 employees.