Surels Place Inc

Analysis

Surels Place Inc is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in May 2013, 13 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 December 2023, Surels Place Inc reported income of $144k and spending of $189k, spending 131% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $255k to $144k (-44%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Surels Place Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within ID. Charities of a similar size with the same main cause include Lambda Archives of San Diego ($144k), Main Street Arts Council ($144k) and Lake Travis Music Theatre Inc ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $58k (31% of expenses). Other salaries and wages came to $34k. At year end it held assets of $236k against liabilities of $1,952, net assets of $234k. It reported 3 employees.