Association of University Presses Inc

Analysis

Association of University Presses Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1965, 61 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Association of University Presses Inc reported income of $1.6m and spending of $1.8m, spending 107% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $1.7m to $1.6m (-5.9%), an average of -1.5% a year. The sharpest change came in the year to March 2021, when income dropped by 15%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Association of University Presses Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Public Media Venture Group ($1.6m), Hedgebrook ($1.6m) and Latino Leadership Inc ($1.6m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 1.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $245k (14% of expenses). Other salaries and wages came to $448k. At year end it held assets of $2.1m against liabilities of $99k, net assets of $2.0m. It reported 8 employees.