Sandusky Artisans Cooperative

Analysis

Sandusky Artisans Cooperative is a registered charity in United States, based in Sandusky, OH. It received its IRS tax-exemption ruling in October 2000, 26 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 June 2023, Sandusky Artisans Cooperative reported income of $1.0m and spending of $934k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $493k to $1.0m (+110%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 105%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sandusky Artisans Cooperative 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 80th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Never Forgotten Honor Flight Inc ($1.0m), Harrington Opera House Society ($1.0m) and Awesome Center for Entrepreneurship Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.6% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $127k (14% of expenses). Other salaries and wages came to $122k. At year end it held assets of $1.5m against liabilities of $514k, net assets of $1.0m. It reported 6 employees.