Salina Innovation Foundation

Analysis

Salina Innovation Foundation is a registered charity in United States, based in Salina, KS. It received its IRS tax-exemption ruling in June 2018, 8 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, Salina Innovation Foundation reported income of $191k and spending of $158k, spending 83% of its income. Across the 6 years on record, from December 2017 to December 2023, income grew from $1,125 to $191k (+16890%), an average of +179% a year. The sharpest change came in the year to December 2018, when income rose by 8453%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Salina Innovation Foundation sits at the 59th 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 52nd percentile within KS. Charities of a similar size with the same main cause include Maya Exploration Center ($191k), Central Executive Committee of Odwu Inc ($191k) and Mobile Intelligence Alliance ($191k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k. It reported 1 employees.