International Swimming Hall of Fame Inc

Analysis

International Swimming Hall of Fame Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in November 1965, 61 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, International Swimming Hall of Fame Inc reported income of $949k and spending of $1.1m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $949k (-12%), an average of -3.3% a year. The sharpest change came in the year to December 2023, when income dropped by 46%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, International Swimming Hall of Fame Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Amphibian Productions Inc ($949k), Openhousenewyork Inc ($950k) and San Juan County Museum Association ($949k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $26k (2.4% of expenses). Other salaries and wages came to $295k. At year end it held assets of $841k against liabilities of $143k, net assets of $698k. It reported 17 employees.