Manchester Makerspace

Analysis

Manchester Makerspace is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in September 2016, 10 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 August 2024, Manchester Makerspace reported income of $78k and spending of $89k, spending 114% of what it took in. Across the 5 years on record, from August 2019 to August 2024, income grew from $64k to $78k (+23%), an average of +5.4% a year. Over the whole period it spent 129% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Manchester Makerspace sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within NH. Charities of a similar size with the same main cause include Acting Out Theatre Co ($78k), Southwest Ohio Philharmonic Inc ($79k) and Holiday Spectacular Inc ($78k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.