Shiawassee Center

Analysis

Shiawassee Center is a registered charity in United States, based in Owosso, MI. It received its IRS tax-exemption ruling in July 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 May 2023, Shiawassee Center reported income of $81k and spending of $217k, spending 269% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income fell from $6.4m to $81k (-99%), an average of -77% a year. The sharpest change came in the year to May 2021, when income dropped by 99%. Over the whole period it spent 17% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shiawassee Center sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within MI. Charities of a similar size with the same main cause include Sling Health ($81k), House of Artists Foundation Inc ($81k) and Friends of Ka Ulu Lauhala O Kona ($81k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $6.1m against liabilities of $720k, net assets of $5.4m.

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.