Ko-Thi Inc
Analysis
Ko-Thi Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in May 1973, 53 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, Ko-Thi Inc reported income of $266k and spending of $198k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $146k to $266k (+82%), an average of +82% a year. The sharpest change came in the year to December 2023, when income rose by 82%. Over the whole period it spent 86% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ko-Thi Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within WI. Charities of a similar size with the same main cause include The San Francisco International Orff Course Incorporated ($266k), Claflin Hill Music Performance Foundation Inc ($266k) and Stowe Performing Arts Inc ($265k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Other salaries and wages came to $94k. At year end it held assets of $110k against liabilities of $70k, net assets of $40k. It reported 14 employees.
Income and spending
Where the income comes from
- Contributions & grants 82%
- Program services 18%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The San Francisco International Orff Course Incorporated | San Francisco | $266k |
| Claflin Hill Music Performance Foundation Inc | Milford | $266k |
| Stowe Performing Arts Inc | Stowe | $265k |
| Childrens Educational Theatre | Salem | $266k |