Tinworks Art

Analysis

Tinworks Art is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in July 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, Tinworks Art reported income of $1.5m and spending of $1.1m, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $301k to $1.5m (+393%), an average of +122% a year. The sharpest change came in the year to December 2023, when income rose by 322%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tinworks Art sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within MT. Charities of a similar size with the same main cause include Hack the Hood Inc ($1.5m), Srba Historic Building and Environmental Preservation Foundat ($1.5m) and Conspirare Inc ($1.5m).

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 $258k (23% of expenses). Other salaries and wages came to $95k. At year end it held assets of $739k against liabilities of $64k, net assets of $675k. It reported 21 employees.