Make Something Workshop Inc

Analysis

Make Something Workshop Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 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 (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, Make Something Workshop Inc reported income of $1.9m and spending of $1.6m, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $801k to $1.9m (+134%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 1029%. 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, Make Something Workshop Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Salvadori Center Ltd ($1.9m), Artown ($1.9m) and Midway Village & Museum Center ($1.9m).

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 $98k (6.0% of expenses). At year end it held assets of $259k against liabilities of $0, net assets of $259k.