The Overton Park Shell Inc

Analysis

The Overton Park Shell Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in June 2005, 21 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Overton Park Shell Inc reported income of $2.0m and spending of $1.5m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.0m (+69%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 175%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Overton Park Shell Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within TN. Charities of a similar size with the same main cause include Community Arts Music Assn of Santa Barbara ($2.0m), Aladdin Bioinformatics Foundation ($2.0m) and John L Severance ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $117k (7.6% of expenses). Other salaries and wages came to $512k. At year end it held assets of $4.6m against liabilities of $193k, net assets of $4.4m. It reported 17 employees.