Colonial Dames of America

Analysis

Colonial Dames of America is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1975, 51 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 March 2023, Colonial Dames of America reported income of $731k and spending of $902k, spending 123% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $849k to $731k (-14%), an average of -3.7% a year. The sharpest change came in the year to March 2020, when income rose by 36%. 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, Colonial Dames of America 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 Childrens Museum Inc ($731k), Riverdale Childrens Theatre Inc ($731k) and Marco Island Historical Society Inc ($731k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 48% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $212k (23% of expenses). Other salaries and wages came to $113k. At year end it held assets of $8.5m against liabilities of $127k, net assets of $8.4m. It reported 8 employees.