New York Artists Equity Association Inc

Analysis

New York Artists Equity Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1992, 34 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 (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, New York Artists Equity Association Inc reported income of $199k and spending of $245k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $259k to $199k (-23%), an average of -6.5% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New York Artists Equity Association Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Biz Theatre Productions ($199k), Artists West Association Inc ($199k) and Commonwealth Foundation Collective ($199k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $90k (37% of expenses). At year end it held assets of $324k against liabilities of $2,579, net assets of $321k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.