Sisters Network Inc

Analysis

Sisters Network Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 1996, 30 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, Sisters Network Inc reported income of $1.1m and spending of $977k, spending 92% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $296k to $1.1m (+260%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 58%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sisters Network Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Ten Thousand Things ($1.1m), NVGM Exploratory ($1.1m) and San Francisco Architectural Heritage ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $279k (29% of expenses). At year end it held assets of $593k against liabilities of $96k, net assets of $497k. It reported 2 employees.