Van Alen Institute Projects in Public Architecture

Analysis

Van Alen Institute Projects in Public Architecture is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 1938, 88 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, Van Alen Institute Projects in Public Architecture reported income of $1.4m and spending of $2.5m, spending 174% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.4m (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 127% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Van Alen Institute Projects in Public Architecture sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include International Contemporary Ensemble Foundation Inc ($1.4m), Native Arts and Cultures Foundation Inc ($1.4m) and Kingdom Air Corps Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% of the total. Compensation of current officers, directors and key employees was $304k (12% of expenses). Other salaries and wages came to $780k. At year end it held assets of $39.9m against liabilities of $4.3m, net assets of $35.6m. It reported 14 employees.