French American School of New York Inc

Analysis

French American School of New York Inc is a registered charity in United States, based in Mamaroneck, NY. It received its IRS tax-exemption ruling in July 1981, 45 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 June 2023, French American School of New York Inc reported income of $30.9m and spending of $28.8m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $26.7m to $30.9m (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, French American School of New York Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Pittsburgh Symphony Inc ($30.8m), Artsquest ($30.9m) and Intrepid Museum Foundation Inc ($30.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.2% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $911k (3.2% of expenses). Other salaries and wages came to $13.9m. At year end it held assets of $46.5m against liabilities of $22.5m, net assets of $23.9m. It reported 253 employees.