American Society of Botanical Artists Inc

Analysis

American Society of Botanical Artists Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in July 1995, 31 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, American Society of Botanical Artists Inc reported income of $483k and spending of $508k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $534k to $483k (-9.5%), an average of -2.5% a year. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Society of Botanical Artists Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Karen Society of Buffalo Inc ($483k), Fair Lady Productions Inc ($483k) and Scarsdale Womans Club Inc ($483k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $49k (9.7% of expenses). Other salaries and wages came to $155k. At year end it held assets of $731k against liabilities of $125k, net assets of $606k. It reported 6 employees.