Shunpike

Analysis

Shunpike is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 2002, 24 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, Shunpike reported income of $5.2m and spending of $5.2m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $5.2m (+79%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shunpike sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WA. Charities of a similar size with the same main cause include Wallowa Resources ($5.2m), National Coast Guard Museum Association Inc ($5.2m) and St Augustine Lighthouse & Maritime Museum Inc ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $118k (2.3% of expenses). Other salaries and wages came to $651k. At year end it held assets of $2.4m against liabilities of $21k, net assets of $2.4m. It reported 13 employees.