New York School of Interior Design

Analysis

New York School of Interior Design is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1938, 88 years ago. Its declared purposes cover education, which this site groups under education and training. 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, New York School of Interior Design reported income of $18.6m and spending of $17.9m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $18.5m to $18.6m (+0.5%), an average of +0.2% a year. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New York School of Interior Design sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Brighton Center ($18.6m), Bancroft School ($18.6m) and Arkansas Public School Resource Center Inc ($18.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.3% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $922k (5.2% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $67.3m against liabilities of $17.0m, net assets of $50.3m. It reported 285 employees.