Long Island String Festival Association Inc

Analysis

Long Island String Festival Association Inc is a registered charity in United States, based in Northport, 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Long Island String Festival Association Inc reported income of $103k and spending of $92k, spending 89% of its income. Across the 2 years on record, from July 2023 to July 2024, income fell from $105k to $103k (-1.6%), an average of -1.6% a year. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Long Island String Festival Association Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Parrhesia Inc ($103k), Pardee Historic Home Museum Inc ($103k) and Swell Collective ($103k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 1.2% and program service revenue 88% of the total. At year end it held assets of $179k against liabilities of $0, net assets of $179k.