Gallery North Inc

Analysis

Gallery North Inc is a registered charity in United States, based in Setauket, NY. It received its IRS tax-exemption ruling in March 1997, 29 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 September 2023, Gallery North Inc reported income of $2.5m and spending of $668k, leaving 74% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $490k to $2.5m (+418%), an average of +51% a year. The sharpest change came in the year to September 2023, when income rose by 209%. Over the whole period it spent 59% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gallery North Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Childrens Museum Inc ($2.5m), Puerto Rican Arts Alliance ($2.5m) and Mica Group Inc ($2.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. Other salaries and wages came to $306k. At year end it held assets of $3.9m against liabilities of $1.2m, net assets of $2.7m. It reported 9 employees.