Mobius Spokane

Analysis

Mobius Spokane is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in February 1996, 30 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, Mobius Spokane reported income of $1.0m and spending of $1.4m, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.0m (-22%), an average of -6.1% a year. The sharpest change came in the year to December 2021, when income rose by 489%. Over the whole period it spent 132% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mobius Spokane sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within WA. Charities of a similar size with the same main cause include Wisdom of the Elders Incorporated ($1.0m), Healdsburg Jazz Festival Inc ($1.0m) and Film Pittsburgh ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $160k (12% of expenses). Other salaries and wages came to $478k. At year end it held assets of $1.4m against liabilities of $580k, net assets of $843k. It reported 20 employees.