Babylon Citizens Council on the Arts Inc

Analysis

Babylon Citizens Council on the Arts Inc is a registered charity in United States, based in Babylon, NY. It received its IRS tax-exemption ruling in March 2014, 12 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, Babylon Citizens Council on the Arts Inc reported income of $228k and spending of $248k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $242k to $228k (-5.6%), an average of -5.6% a year. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Babylon Citizens Council on the Arts Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Adena Mansion and Gardens Society ($228k), A Company of Girls ($228k) and Galesburg Symphony Society ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $58k (24% of expenses). Other salaries and wages came to $53k. At year end it held assets of $300k against liabilities of $19k, net assets of $281k. It reported 4 employees.