Tinker Swiss Cottage Inc
Analysis
Tinker Swiss Cottage Inc is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in December 1945, 81 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, Tinker Swiss Cottage Inc reported income of $261k and spending of $208k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $299k to $261k (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 84% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tinker Swiss Cottage Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Knights of Indulgence Theatre United States ($261k), Iredell Arts Council Inc ($261k) and North Charleston Pops ($261k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 8.2% of the total. Compensation of current officers, directors and key employees was $54k (26% of expenses). Other salaries and wages came to $53k. At year end it held assets of $434k against liabilities of $6,378, net assets of $427k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Program services 8.2%
- Other 2.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Knights of Indulgence Theatre United States | Santa Rosa | $261k |
| Iredell Arts Council Inc | Statesville | $261k |
| North Charleston Pops | N Charleston | $261k |
| Valley Performing Arts Council | Fresno | $261k |