Shenanarts Inc

Analysis

Shenanarts Inc is a registered charity in United States, based in Staunton, VA. It received its IRS tax-exemption ruling in April 1982, 44 years ago. 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 June 2023, Shenanarts Inc reported income of $144k and spending of $130k, spending 90% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $159k to $144k (-9.3%), an average of -9.3% a year. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shenanarts Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within VA. Charities of a similar size with the same main cause include Milton Volunteer Fire Department Inc ($144k), Promotional Products Education Foundation ($144k) and Toledo Area Emergency Ambulance Service Inc ($144k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. At year end it held assets of $179k against liabilities of $3,136, net assets of $176k.