Workshop 13 Inc
Analysis
Workshop 13 Inc is a registered charity in United States, based in Ware, MA. It received its IRS tax-exemption ruling in October 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 December 2023, Workshop 13 Inc reported income of $479k and spending of $289k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $194k to $479k (+147%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 94%. Over the whole period it spent 80% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Workshop 13 Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Harmony Inc ($479k), The Foundation for Advancements in Science and Education ($479k) and Fairmont Opera House Inc ($479k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $59k (20% of expenses). Other salaries and wages came to $3,365. At year end it held assets of $416k against liabilities of $86k, net assets of $330k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 70%
- Program services 22%
- Other 8.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Harmony Inc | Mechanicsvlle | $479k |
| The Foundation for Advancements in Science and Education | Altadena | $479k |
| Fairmont Opera House Inc | Fairmont | $479k |
| Hyde Park Jazz Festival | Chicago | $479k |