Spiritual Twist Productions

Analysis

Spiritual Twist Productions is a registered charity in United States, based in Garner, NC. It received its IRS tax-exemption ruling in January 2016, 10 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 2023, Spiritual Twist Productions reported income of $535k and spending of $507k, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $761k to $535k (-30%), an average of -11% a year. The sharpest change came in the year to June 2021, when income dropped by 42%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Spiritual Twist Productions sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Greenville Symphony Endowment Fund Inc ($535k), Oregon Potters Association ($535k) and 516 Arts ($535k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $102k (20% of expenses). Other salaries and wages came to $70k. At year end it held assets of $2.0m against liabilities of $1.5m, net assets of $532k. It reported 33 employees.