Soldiers and Sailors Memorial Building

Analysis

Soldiers and Sailors Memorial Building is a registered charity in United States, based in Mansfield, OH. It received its IRS tax-exemption ruling in April 1999, 27 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 supporting organisation under section 501(c)(3).

In the financial year ending April 2024, Soldiers and Sailors Memorial Building reported income of $53k and spending of $45k, spending 86% of its income. Across the 5 years on record, from April 2020 to April 2024, income fell from $429k to $53k (-88%), an average of -41% a year. The sharpest change came in the year to April 2021, when income dropped by 83%. Over the whole period it spent 48% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Soldiers and Sailors Memorial Building 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 21st percentile within OH. Charities of a similar size with the same main cause include Bonniebrook Historical Society Inc ($53k), Escondido Choral Arts Foundation ($53k) and Museum of Pell City ($53k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 14% and program service revenue 13% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.