Taking Shape Inc

Analysis

Taking Shape Inc is a registered charity in United States, based in Carrollton, MO. It received its IRS tax-exemption ruling in May 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 (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, Taking Shape Inc reported income of $104k and spending of $110k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $104k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Taking Shape Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within MO. Charities of a similar size with the same main cause include Warroad Summer Theater Company ($104k), Kits Cubed Inc ($104k) and Young Musicians of Alamance ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 25% of the total. At year end it held assets of $4,321 against liabilities of $12k, net assets of -$7,764.