Bridgewire

Analysis

Bridgewire is a registered charity in United States, based in Sparks, NV. It received its IRS tax-exemption ruling in February 2017, 9 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, Bridgewire reported income of $58k and spending of $43k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $58k (+8.4%), an average of +8.4% a year. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bridgewire sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NV. Charities of a similar size with the same main cause include Frances Furlong Trust & Creative Art Center Distribution Endow ($58k), Port Washington-Saukville Arts Council ($58k) and Vista Larga Foundation Corp ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.4% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.