World Shibori Network Inc

Analysis

World Shibori Network Inc is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in August 2023, 3 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, World Shibori Network Inc reported income of $582k and spending of $479k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $582k (+1143%), an average of +1143% a year. The sharpest change came in the year to December 2023, when income rose by 1143%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, World Shibori Network Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Between Beats Inc ($582k), Ipsinter Press Service-North America Inc ($582k) and Kansas City Actors Theatre Inc ($582k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $42k. At year end it held assets of $125k against liabilities of $187, net assets of $124k. It reported 3 employees.