Woodshed Archive

Nonprofit profile at a glance

EIN
471907778
IRS 990-EZ coverage
2016–2024
Forms available
Form 990-EZ 2024
Location
Columbia, SC, USA
Phone
8038300164
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Music

Reported finances

Revenue
$1,467
Expenses
$1,456
Assets
$4,798

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

People named in this filing

  • Kelly Gilbert (Chairperson)
  • Jerry Allen (Vice Chairman/Director)
  • Lin Thomas (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Preserve Digital Media

What it reported doing in 2024

Purchase of recording/computer equipment used to preservedigital media

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 82
  • Sustainability: 51
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.8%; rating input score 99
  • Program expense ratio: 99.5%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 0.7%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 3.3; rating input score 76; 76th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -6% per year; rating input score 0; 33rd percentile among comparable filings
  • Revenue growth: -22.1% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: 1.1% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 98.8% of revenue deployed · 99.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $1K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 47/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.