Svenska Sallskapet

Analysis

Svenska Sallskapet is a registered charity in United States, based in Minneapolis, MN. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Svenska Sallskapet reported income of $84k and spending of $100k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $84k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Svenska Sallskapet sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within MN. Charities of a similar size with the same main cause include Bushy Run Battlefield Heritage Society ($84k), The Studio ($84k) and Liberian Youth Orchestra ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.