Bushwick Northwest

Analysis

Bushwick Northwest is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in November 2017, 9 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, Bushwick Northwest reported income of $110k and spending of $158k, spending 144% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $114k to $110k (-3.5%), an average of -3.5% a year. Over the whole period it spent 132% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bushwick Northwest sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 35th percentile within WA. Charities of a similar size with the same main cause include Narrows Community Theatre Inc ($110k), Valley Classical Concerts Inc ($110k) and Tacoma Music Academy ($110k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 31% and program service revenue 66% of the total. At year end it held assets of $9,576 against liabilities of $1,582, net assets of $7,994.