Baryshnikov Arts Center Inc
Analysis
Baryshnikov Arts Center Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2014, 12 years ago. 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 December 2023, Baryshnikov Arts Center Inc reported income of $4.8m and spending of $3.7m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $4.8m (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2023, when income rose by 109%. Over the whole period it spent 105% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Baryshnikov Arts Center Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Sac-Joaquin Section of the California Interscholastic Federat ($4.8m), Franklin-Wright Settlements Inc ($4.8m) and New England Adolescent Research Institute Inc ($4.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $387k (10% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $22.7m against liabilities of $337k, net assets of $22.4m. It reported 91 employees.
Income and spending
Where the income comes from
- Contributions & grants 82%
- Program services 17%
- Other 1.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sac-Joaquin Section of the California Interscholastic Federat | Elk Grove | $4.8m |
| Franklin-Wright Settlements Inc | Detroit | $4.8m |
| New England Adolescent Research Institute Inc | Easthampton | $4.8m |
| St Francis Neighborhood Center Corporation | Baltimore | $4.8m |