Shakertown Revisited Inc

Analysis

Shakertown Revisited Inc is a registered charity in United States, based in Auburn, KY. It received its IRS tax-exemption ruling in June 1972, 54 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, Shakertown Revisited Inc reported income of $383k and spending of $439k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $318k to $383k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shakertown Revisited Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within KY. Charities of a similar size with the same main cause include Washington Oxi Day Foundation ($383k), McPherson Museum and Arts Foundation ($383k) and East Lake Expression Engine ($383k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 17% of the total. Other salaries and wages came to $166k. At year end it held assets of $4.6m against liabilities of $345k, net assets of $4.2m. It reported 7 employees.