The Sheldon Arts Foundation

Analysis

The Sheldon Arts Foundation is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in April 1994, 32 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 June 2023, The Sheldon Arts Foundation reported income of $3.3m and spending of $4.4m, spending 133% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.9m to $3.3m (-15%), an average of -3.9% a year. The sharpest change came in the year to June 2022, when income rose by 44%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Sheldon Arts Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within MO. Charities of a similar size with the same main cause include Stanley J Seeger Hellenic Fund C/O Princeton University ($3.3m), One Common Unity Inc ($3.3m) and Association of Performing Arts Professionals Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $364k (8.2% of expenses). Other salaries and wages came to $953k. At year end it held assets of $17.7m against liabilities of $655k, net assets of $17.0m. It reported 62 employees.