Rockland Center for the Arts Inc

Analysis

Rockland Center for the Arts Inc is a registered charity in United States, based in West Nyack, NY. It received its IRS tax-exemption ruling in June 1951, 75 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 September 2023, Rockland Center for the Arts Inc reported income of $750k and spending of $798k, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $726k to $750k (+3.3%), an average of +0.8% a year. The sharpest change came in the year to September 2021, when income rose by 32%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rockland Center for the Arts Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Joy in Motion Inc ($750k), Delaware Foundation for Science and Mathematics Education ($750k) and American Society for Photogrammetry and Remote Sensing ($750k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $89k (11% of expenses). At year end it held assets of $701k against liabilities of $64k, net assets of $637k. It reported 36 employees.