Sound Circle Center for Arts and Anthroposophy

Analysis

Sound Circle Center for Arts and Anthroposophy is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 1998, 28 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 August 2023, Sound Circle Center for Arts and Anthroposophy reported income of $416k and spending of $420k, spending 101% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $217k to $416k (+92%), an average of +18% a year. The sharpest change came in the year to August 2021, when income rose by 71%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sound Circle Center for Arts and Anthroposophy sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within WA. Charities of a similar size with the same main cause include The Griffin Museum of Photography Inc ($416k), Kanopy Dance Theatre Inc ($416k) and Mendelssohn Club of Philadelphia ($416k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 3.5% and program service revenue 95% of the total. Other salaries and wages came to $296k. At year end it held assets of $235k against liabilities of $58k, net assets of $177k.