Simpson Street Free Press Inc

Analysis

Simpson Street Free Press Inc is a registered charity in United States, based in Monona, WI. It received its IRS tax-exemption ruling in April 1997, 29 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, Simpson Street Free Press Inc reported income of $435k and spending of $464k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $246k to $435k (+76%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 109%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Simpson Street Free Press Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within WI. Charities of a similar size with the same main cause include Connecticut Dance School Inc ($435k), Hillgrove High School Band Boosterclub ($435k) and Openstage Theatre and Company ($435k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $87k (19% of expenses). Other salaries and wages came to $235k. At year end it held assets of $280k against liabilities of $0, net assets of $280k. It reported 7 employees.