Society for Economic Dynamics

Analysis

Society for Economic Dynamics is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover social science, 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, Society for Economic Dynamics reported income of $172k and spending of $299k, spending 174% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $186k to $172k (-7.9%), an average of -2.0% a year. The sharpest change came in the year to December 2021, when income rose by 1280%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Society for Economic Dynamics sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within MN. Charities of a similar size with the same main cause include Korean Traditional Dance Institute of California ($172k), Seaoc Foundation ($172k) and Cadena Radial Remanente Corp ($172k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $340k against liabilities of $0, net assets of $340k.