French Institute-Alliance Francaise

Analysis

French Institute-Alliance Francaise is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1937, 89 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, French Institute-Alliance Francaise reported income of $12.9m and spending of $13.4m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.3m to $12.9m (+4.5%), an average of +1.1% a year. The sharpest change came in the year to June 2022, when income rose by 106%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, French Institute-Alliance Francaise sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Please Touch Museum ($12.9m), Museum of Jewish Heritage a Living Memorial to the Holocaust ($12.9m) and Institute for Creation Research ($12.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $578k (4.3% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $28.6m against liabilities of $19.5m, net assets of $9.1m. It reported 265 employees.