Stomp

Analysis

Stomp is a registered charity in United States, based in Horace, ND. It received its IRS tax-exemption ruling in December 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 March 2024, Stomp reported income of $55k and spending of $66k, spending 120% of what it took in. Across the 3 years on record, from March 2022 to March 2024, income fell from $58k to $55k (-5.5%), an average of -2.8% a year. The sharpest change came in the year to March 2024, when income dropped by 16%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stomp sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 13th percentile within ND. Charities of a similar size with the same main cause include Santa Fe Womens Ensemble Inc ($55k), Richard III Society Inc ($55k) and Silver Ghost Association Inc ($55k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 24% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.