Shinbig Inc

Analysis

Shinbig Inc is a registered charity in United States, based in Allison Park, PA. It received its IRS tax-exemption ruling in February 2016, 10 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, Shinbig Inc reported income of $244k and spending of $245k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $247k to $244k (-1.4%), an average of -0.4% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shinbig Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within PA. Charities of a similar size with the same main cause include Arcata Press ($243k), New Visions for Butler ($244k) and Bach Cantata Choir ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.

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.