Shep Ty

Analysis

Shep Ty is a registered charity in United States, based in Inglewood, CA. It received its IRS tax-exemption ruling in February 2004, 22 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, Shep Ty reported income of $189k and spending of $200k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $148k to $189k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2020, when income rose by 120%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shep Ty sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Southern Appalachian Repertory Theatre ($189k), Ensemble Theater ($189k) and Surati for Performing Arts Inc ($189k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $25k, net assets of -$12k.

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.