Ne Sculpture

Analysis

Ne Sculpture is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in November 2021, 5 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, Ne Sculpture reported income of $193k and spending of $272k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $220k to $193k (-12%), an average of -3.3% a year. The sharpest change came in the year to December 2022, when income rose by 102%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ne Sculpture sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within MN. Charities of a similar size with the same main cause include Indie Meme Org ($193k), Dance Moves STL ($193k) and Rocky Neck Art Colony Inc ($193k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $65k (24% of expenses). At year end it held assets of $145k against liabilities of $0, net assets of $145k. It reported 1 employees.