Student Statesmanship Institute

Analysis

Student Statesmanship Institute is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in April 1992, 34 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, Student Statesmanship Institute reported income of $460k and spending of $506k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $470k to $460k (-2.1%), an average of -0.5% a year. The sharpest change came in the year to December 2021, when income rose by 24%. 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, Student Statesmanship Institute sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MI. Charities of a similar size with the same main cause include Sva Alumni Society Inc ($460k), Young Artists Conservatory of Music ($460k) and Parent-Child Relationship Association Inc ($460k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $88k (17% of expenses). Other salaries and wages came to $148k. At year end it held assets of $696k against liabilities of $2,394, net assets of $693k. It reported 9 employees.