Sherwood Foundation for the Arts

Analysis

Sherwood Foundation for the Arts is a registered charity in United States, based in Sherwood, OR. It received its IRS tax-exemption ruling in October 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 (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, Sherwood Foundation for the Arts reported income of $53k and spending of $48k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $37k to $53k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sherwood Foundation for the Arts sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within OR. Charities of a similar size with the same main cause include Nevadans for Cultural Preservation ($53k), Ambassadors of Harmony Foundation ($53k) and Carmi Christmas Elves Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.