Sandbox Percussion Inc

Analysis

Sandbox Percussion Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 2020, 6 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, Sandbox Percussion Inc reported income of $541k and spending of $464k, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $246k to $541k (+120%), an average of +48% a year. The sharpest change came in the year to December 2022, when income rose by 87%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sandbox Percussion Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Reading Public Museum Endowment TR Ua 1519155092 ($541k), Centro de Conservacion Y Restauracion de Puerto Rico Inc ($541k) and Baltimore Concert Opera Inc ($541k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $160k (34% of expenses). At year end it held assets of $324k against liabilities of $157k, net assets of $167k. It reported 4 employees.