Unique Project Inc

Analysis

Unique Project Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 1982, 44 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, Unique Project Inc reported income of $814k and spending of $809k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $584k to $814k (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Unique Project Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Friends of the Military Museum of South Florida at Nas Richmond ($814k), Csehy Summer School of Music ($814k) and Brotherhood of Elders Network ($814k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $113k against liabilities of $107k, net assets of $6,295.