North End Makerspace

Analysis

North End Makerspace is a registered charity in United States, based in Mountlake Ter, WA. It received its IRS tax-exemption ruling in July 2019, 7 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, North End Makerspace reported income of $63k and spending of $61k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $74k to $63k (-15%), an average of -15% a year. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, North End Makerspace sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 19th percentile within WA. Charities of a similar size with the same main cause include Chicago Chamber Choir ($63k), Nad Music Institute ($64k) and Jersey Shore Theatre Club for Education ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.4% and program service revenue 90% of the total. At year end it held assets of $56k against liabilities of $9,008, net assets of $47k.