Icicle Fund

Analysis

Icicle Fund is a registered charity in United States, based in Leavenworth, WA. It received its IRS tax-exemption ruling in May 1999, 27 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Icicle Fund reported income of $2.4m and spending of $3.1m, spending 132% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $3.8m to $2.4m (-38%), an average of -9.2% a year. The sharpest change came in the year to June 2023, when income rose by 546%. Over the whole period it spent 57% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Icicle Fund sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within WA. Charities of a similar size with the same main cause include Artists Space Inc ($2.4m), San Francisco Performances Inc ($2.4m) and Jefferson Center Foundation Ltd ($2.4m).

Compensation of current officers, directors and key employees was $112k (3.6% of expenses). Other salaries and wages came to $70k. At year end it held assets of $51.4m against liabilities of $487k, net assets of $51.0m. It reported 2 employees.