Tiel Sanford Memorial Fund

Analysis

Tiel Sanford Memorial Fund is a registered charity in United States, based in Cherokee, IA. It received its IRS tax-exemption ruling in September 1947, 79 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tiel Sanford Memorial Fund reported income of $297k and spending of $454k, spending 153% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $294k to $297k (+1.3%), an average of +0.3% a year. The sharpest change came in the year to December 2022, when income dropped by 15%. Over the whole period it spent 124% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tiel Sanford Memorial Fund sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within IA. Charities of a similar size with the same main cause include Shoreline Arts Alliance Inc ($297k), India Cultural Center of Greenwich Inc ($297k) and Cobblestone Society ($297k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% of the total. Other salaries and wages came to $229k. At year end it held assets of $3.6m against liabilities of $4,622, net assets of $3.6m. It reported 10 employees.