SV Archive

Analysis

SV Archive is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in September 2015, 11 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, SV Archive reported income of $767k and spending of $1.1m, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $680k to $767k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, SV Archive sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within WA. Charities of a similar size with the same main cause include East Mississippi Center for Educational Development Inc ($767k), Imperial Community Theatre Inc ($767k) and Eastern Connecticut Symphony Inc ($767k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $41k (3.8% of expenses). Other salaries and wages came to $527k. At year end it held assets of $401k against liabilities of $537k, net assets of -$136k. It reported 20 employees.