Shelby American Collection

Analysis

Shelby American Collection is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in July 1997, 29 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, Shelby American Collection reported income of $1.2m and spending of $817k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $591k to $1.2m (+102%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 72%. Over the whole period it spent 64% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shelby American Collection sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within CO. Charities of a similar size with the same main cause include Spokane Civic Theatre Inc ($1.2m), Bruce Wood Dance Co Inc ($1.2m) and Omaha by Design ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $80k (9.8% of expenses). At year end it held assets of $3.4m against liabilities of $1,123, net assets of $3.4m. It reported 2 employees.