Kentler International Drawing Space Inc

Analysis

Kentler International Drawing Space Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in February 2002, 24 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, Kentler International Drawing Space Inc reported income of $136k and spending of $151k, spending 111% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $281k to $136k (-52%), an average of -30% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kentler International Drawing Space Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Conroe Event Center Incorporated ($136k), Icelandic Roots ($136k) and Brown County Historical Society Inc ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 21% of the total. At year end it held assets of $192k against liabilities of $5,148, net assets of $187k.