Shift Design Inc

Analysis

Shift Design Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in September 2013, 13 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, Shift Design Inc reported income of $2.0m and spending of $1.5m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $483k to $2.0m (+318%), an average of +43% a year. The sharpest change came in the year to December 2021, when income rose by 237%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shift Design Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within LA. Charities of a similar size with the same main cause include Harmony Project Productions Inc ($2.0m), Arts & Learning Corporation ($2.0m) and Saurashtra Patel Cultural Samaj ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 2.9% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $1.3m against liabilities of $785, net assets of $1.3m.