Signal Return Inc

Analysis

Signal Return Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in March 2014, 12 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, Signal Return Inc reported income of $801k and spending of $264k, leaving 67% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $211k to $801k (+280%), an average of +40% a year. The sharpest change came in the year to June 2023, when income rose by 162%. Over the whole period it spent 59% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Signal Return Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include Contra Tiempo ($801k), The House of Songs ($802k) and Defiant Requiem Foundation ($801k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 5.7% of the total. Compensation of current officers, directors and key employees was $52k (20% of expenses). Other salaries and wages came to $99k. At year end it held assets of $914k against liabilities of $11k, net assets of $903k. It reported 9 employees.