Go Workshop

Analysis

Go Workshop is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 2021, 5 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 December 2023, Go Workshop reported income of $1.5m and spending of $1.5m, spending 101% of its income. Across the 4 years on record, from March 2020 to December 2023, income grew from $449k to $1.5m (+223%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 260%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Go Workshop sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Downtown Toledo Development Corporation ($1.5m), President Lincolns Cottage at the Soldiers Home ($1.5m) and Hilton Head Island Concours D Elegance Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $91k (6.2% of expenses). Other salaries and wages came to $283k. At year end it held assets of $183k against liabilities of $255k, net assets of -$72k. It reported 5 employees.