Sweet Adelines International Corporation
Analysis
Sweet Adelines International Corporation is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in October 1955, 71 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 April 2023, Sweet Adelines International Corporation reported income of $3.4m and spending of $4.5m, spending 133% of what it took in. Across the 4 years on record, from April 2020 to April 2023, income fell from $4.7m to $3.4m (-28%), an average of -10% a year. The sharpest change came in the year to April 2021, when income dropped by 44%. Over the whole period it spent 111% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sweet Adelines International Corporation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within OK. Charities of a similar size with the same main cause include Halcyon House ($3.4m), Hudson River Museum of Westchester ($3.4m) and Kalamazoo Institute of Arts ($3.4m).
On its Form 990 for the period ending April 2023, revenue came from contributions and grants 9.0% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $362k (8.0% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $7.2m against liabilities of $1.6m, net assets of $5.7m. It reported 31 employees.
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.
Income and spending
Where the income comes from
- Contributions & grants 9.0%
- Program services 83%
- Other 8.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Halcyon House | Washington | $3.4m |
| Hudson River Museum of Westchester | Yonkers | $3.4m |
| Kalamazoo Institute of Arts | Kalamazoo | $3.4m |
| International Food Information Council Foundation | Washington | $3.4m |