Art League of Long Island

Analysis

Art League of Long Island is a registered charity in United States, based in Dix Hills, NY. It received its IRS tax-exemption ruling in May 1979, 47 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 August 2023, Art League of Long Island reported income of $1.2m and spending of $1.1m, spending 91% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.4m to $1.2m (-13%), an average of -3.4% a year. The sharpest change came in the year to August 2020, when income dropped by 54%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art League of Long Island sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Peninsula School of Art Inc ($1.2m), Grandin Theatre Foundation Inc ($1.2m) and Anthroposophical Society in America ($1.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 28% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $92k (8.3% of expenses). Other salaries and wages came to $387k. At year end it held assets of $3.1m against liabilities of $1.2m, net assets of $1.9m. It reported 56 employees.