Seattle Folklore Society Inc

Analysis

Seattle Folklore Society Inc is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in December 1968, 58 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 June 2024, Seattle Folklore Society Inc reported income of $180k and spending of $158k, spending 88% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $154k to $180k (+17%), an average of +17% a year. The sharpest change came in the year to June 2024, when income rose by 17%. 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, Seattle Folklore Society Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within WA. Charities of a similar size with the same main cause include Catholic Literary Arts ($180k), Flying Saucer Presents Inc ($180k) and Morning Bishop Theatre Playhouse Inc ($180k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 36% and program service revenue 53% of the total. At year end it held assets of $193k against liabilities of $0, net assets of $193k.