Saturday in the Park Inc

Analysis

Saturday in the Park Inc is a registered charity in United States, based in Sioux City, IA. It received its IRS tax-exemption ruling in June 1996, 30 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, Saturday in the Park Inc reported income of $644k and spending of $699k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $553k to $644k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2021, when income rose by 587%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Saturday in the Park Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within IA. Charities of a similar size with the same main cause include Pied Piper Players Inc ($644k), Korean American Center ($644k) and Indianapolis Chamber Orchestra Inc ($643k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $37k. At year end it held assets of $12k against liabilities of $162k, net assets of -$150k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.