Smith-Lemli-Opitz Foundation

Analysis

Smith-Lemli-Opitz Foundation is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in July 1991, 35 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, Smith-Lemli-Opitz Foundation reported income of $205k and spending of $177k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $205k (+245%), an average of +245% a year. The sharpest change came in the year to December 2023, when income rose by 245%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Smith-Lemli-Opitz Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 48th percentile within ND. Charities of a similar size with the same main cause include A D Architecture and Design Museum Los Angeles ($205k), Society of 1868 Inc ($205k) and Innovation Arts Academy Inc ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $31k (18% of expenses). At year end it held assets of $197k against liabilities of $1,186, net assets of $196k. It reported 2 employees.