Harmony South Dakota Inc

Analysis

Harmony South Dakota Inc is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in November 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 June 2024, Harmony South Dakota Inc reported income of $204k and spending of $192k, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $243k to $204k (-16%), an average of -4.3% a year. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Harmony South Dakota Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within SD. Charities of a similar size with the same main cause include Gafa Studios ($204k), Seattle Architectural Foundation ($204k) and Ukrainian American Citizens Association ($204k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $164k (85% of expenses). At year end it held assets of $222k against liabilities of $3,054, net assets of $219k. It reported 14 employees.