Fishtown Preservation Society Inc

Analysis

Fishtown Preservation Society Inc is a registered charity in United States, based in Leland, MI. It received its IRS tax-exemption ruling in March 2003, 23 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, Fishtown Preservation Society Inc reported income of $668k and spending of $348k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $668k (-43%), an average of -13% a year. The sharpest change came in the year to December 2020, when income rose by 128%. Over the whole period it spent 22% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fishtown Preservation Society Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MI. Charities of a similar size with the same main cause include Alliance Francaise of Portland ($668k), Polk Theatre Inc ($668k) and Oysterponds Historical Society Inc Long Island ($668k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 3.7% of the total. Other salaries and wages came to $155k. At year end it held assets of $10.4m against liabilities of $56k, net assets of $10.3m. It reported 3 employees.