Bindlestiff Family Variety Arts Inc

Analysis

Bindlestiff Family Variety Arts Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1999, 27 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 December 2023, Bindlestiff Family Variety Arts Inc reported income of $723k and spending of $939k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $721k to $723k (+0.3%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 328%. 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, Bindlestiff Family Variety Arts Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Worcester Cultural Coalition Inc ($723k), Attleboro Access Cable System Inc ($723k) and Bucks County Childrens Museum ($723k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $125k (13% of expenses). Other salaries and wages came to $150k. At year end it held assets of $256k against liabilities of $8,962, net assets of $247k. It reported 9 employees.