Making Spirits Bright

Analysis

Making Spirits Bright is a registered charity in United States, based in Sheboygan, WI. It received its IRS tax-exemption ruling in October 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 March 2024, Making Spirits Bright reported income of $289k and spending of $304k, spending 105% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $220k to $289k (+31%), an average of +7.0% a year. The sharpest change came in the year to March 2021, when income rose by 27%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Making Spirits Bright sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within WI. Charities of a similar size with the same main cause include Medfield Youth Hockey Assoc ($289k), Indie Film Club Miami ($289k) and Vanguard Culture ($289k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 96% of the total. At year end it held assets of $320k against liabilities of $17k, net assets of $303k.