Garnerville Arts Project Inc

Analysis

Garnerville Arts Project Inc is a registered charity in United States, based in Garnerville, NY. It received its IRS tax-exemption ruling in February 2008, 18 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, Garnerville Arts Project Inc reported income of $239k and spending of $226k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $427k to $239k (-44%), an average of -18% a year. The sharpest change came in the year to December 2021, when income dropped by 37%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Garnerville Arts Project Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Committee for a Better New Orleans ($239k), Museum of Northern California Art ($239k) and Baraboo Childrens Museum Inc ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 29% of the total. Other salaries and wages came to $70k. At year end it held assets of $768k against liabilities of $241k, net assets of $527k. It reported 1 employees.