Childrens Arts & Sciences Workshop Inc

Analysis

Childrens Arts & Sciences Workshop Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1972, 54 years ago. 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 June 2023, Childrens Arts & Sciences Workshop Inc reported income of $8.1m and spending of $8.1m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.8m to $8.1m (+70%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Arts & Sciences Workshop Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Texas 2036 ($8.1m), Center for Pan Asian Community Services Inc ($8.1m) and Openlands ($8.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $85k (1.1% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $288k against liabilities of $102k, net assets of $186k. It reported 250 employees.