Syner Foundation Inc

Analysis

Syner Foundation Inc is a registered charity in United States, based in Edmond, WV. It received its IRS tax-exemption ruling in March 2005, 21 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, Syner Foundation Inc reported income of $90k and spending of $81k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $210k to $90k (-57%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. 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, Syner Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within WV. Charities of a similar size with the same main cause include Artists Coalition of Flagstaff Inc ($90k), Triad Performing Arts of Arizona ($90k) and Candelas Music and Arts Foundation ($90k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $257k against liabilities of $7,793, net assets of $249k.