Staret the Directors Company Inc

Analysis

Staret the Directors Company Inc is a registered charity in United States, based in New York, 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 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, Staret the Directors Company Inc reported income of $215k and spending of $180k, spending 83% of its income. Across the 4 years on record, from June 2019 to June 2023, income fell from $685k to $215k (-69%), an average of -32% a year. The sharpest change came in the year to June 2022, when income rose by 200%. 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, Staret the Directors Company Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Alliance Francaise ($215k), Ruckusroots Inc ($215k) and Foothills Resource Group ($215k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $1,000 (0.6% of expenses). Other salaries and wages came to $51k. At year end it held assets of $232k against liabilities of $124k, net assets of $107k. It reported 59 employees.