Sarah Michelson Inc

Analysis

Sarah Michelson Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2012, 14 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, Sarah Michelson Inc reported income of $112k and spending of $135k, spending 121% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $161k to $112k (-31%), an average of -7.1% a year. The sharpest change came in the year to December 2022, when income rose by 130%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sarah Michelson Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Thunder Bay Arts Council Inc ($112k), Thomasville on Stage and Company Inc ($112k) and Talking Band Inc ($112k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.0% and program service revenue 91% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.