Synth Library Portland

Analysis

Synth Library Portland is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in October 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, Synth Library Portland reported income of $67k and spending of $60k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $67k (+13%), an average of +13% a year. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Synth Library Portland sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within OR. Charities of a similar size with the same main cause include Seacoast Artist Guild of South Carolina Inc ($67k), King William County Historical Society ($67k) and Spokane Preservation Advocates ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 13% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.