Franco-American Centre Franco American

Analysis

Franco-American Centre Franco American is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in July 1992, 34 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Franco-American Centre Franco American reported income of $232k and spending of $133k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $94k to $232k (+147%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Franco-American Centre Franco American sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within NH. Charities of a similar size with the same main cause include American Dance Institute Inc ($232k), Stage Left Theater Association ($232k) and Michael J Quill Irish Cultural and Sports Centre Inc ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.3% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $71k (53% of expenses). At year end it held assets of $538k against liabilities of $2,497, net assets of $535k. It reported 2 employees.