Sisu Heritage Inc

Analysis

Sisu Heritage Inc is a registered charity in United States, based in Embarrass, MN. It received its IRS tax-exemption ruling in November 1990, 36 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sisu Heritage Inc reported income of $173k and spending of $15k, leaving 91% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $47k to $173k (+267%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 611%. Over the whole period it spent 21% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sisu Heritage Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within MN. Charities of a similar size with the same main cause include Mad River Valley Arts Inc ($173k), Camp Creek Antique Machinery and Threshing Association Inc ($173k) and Music in the Somerset Hills Inc ($173k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $770k against liabilities of $3,186, net assets of $767k.