Makeict Institute

Analysis

Makeict Institute is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover science and technology, 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, Makeict Institute reported income of $184k and spending of $131k, leaving 29% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $139k to $184k (+32%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Makeict Institute sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within KS. Charities of a similar size with the same main cause include Mojalet Dance Collective ($184k), Indiana Musical Theatre Foundation Inc ($184k) and Union of North American Vietnamesestudent Associations ($183k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.3% of the total. At year end it held assets of $616k against liabilities of $175k, net assets of $441k.