Sculpture Space Inc

Analysis

Sculpture Space Inc is a registered charity in United States, based in Utica, NY. It received its IRS tax-exemption ruling in July 1978, 48 years ago. 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, Sculpture Space Inc reported income of $411k and spending of $197k, leaving 52% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $139k to $411k (+196%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 83%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sculpture Space Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Union Square Partnership Inc ($411k), Upper Salford Volunteer Fire Co ($411k) and Falmouth Historical Society ($411k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $56k (28% of expenses). Other salaries and wages came to $35k. At year end it held assets of $803k against liabilities of $5,893, net assets of $797k. It reported 6 employees.