In Black Ink

Analysis

In Black Ink is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, In Black Ink reported income of $319k and spending of $231k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $343k to $319k (-6.9%), an average of -6.9% a year. Over the whole period it spent 55% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, In Black Ink sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Riverside Childrens Theatre ($319k), Childrens Chorus of Maryland ($319k) and Barebones Productions Inc ($319k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. It paid $298 in professional fundraising fees. At year end it held assets of $516k against liabilities of $125, net assets of $515k.