Ward Melville Heritage Organization Ltd

Analysis

Ward Melville Heritage Organization Ltd is a registered charity in United States, based in Stony Brook, NY. It received its IRS tax-exemption ruling in September 1998, 28 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 June 2023, Ward Melville Heritage Organization Ltd reported income of $333k and spending of $1.0m, spending 301% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $581k to $333k (-43%), an average of -13% a year. The sharpest change came in the year to June 2023, when income dropped by 58%. Over the whole period it spent 186% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ward Melville Heritage Organization Ltd sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Musical Youth Artist Repertory Theatre ($333k), Chicago City Theatre Company ($333k) and Building Bridges Art Foundation ($333k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 19% of the total. At year end it held assets of $3.1m against liabilities of $66k, net assets of $3.1m.