Aperture Foundation Inc

Analysis

Aperture Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 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 December 2023, Aperture Foundation Inc reported income of $8.7m and spending of $7.5m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.4m to $8.7m (+3.4%), an average of +0.8% a year. The sharpest change came in the year to December 2020, when income dropped by 25%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aperture Foundation Inc sits at the 98th percentile: it is larger than about 98% 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 Andrew Jackson Foundation ($8.6m), Machon Mashe Rockeach Inc ($8.7m) and National Dance Institute Inc ($8.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 7.2% of the total. Compensation of current officers, directors and key employees was $628k (8.3% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $17.4m against liabilities of $9.6m, net assets of $7.8m. It reported 50 employees.