Spacetaker

Analysis

Spacetaker is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 2004, 22 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 2022, Spacetaker reported income of $1.0m and spending of $826k, spending 81% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $762k to $1.0m (+33%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Spacetaker sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Fort Bend Childrens Discovery Center LLC ($1.0m), Community Performing Arts Center Foundation Inc ($1.0m) and Millicent Rogers Museum Inc ($1.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 95% and program service revenue 4.1% of the total. Other salaries and wages came to $217k. At year end it held assets of $576k against liabilities of $49k, net assets of $526k. It reported 7 employees.