Manhattan Graphics Center Inc

Analysis

Manhattan Graphics Center Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 1988, 38 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, Manhattan Graphics Center Inc reported income of $272k and spending of $328k, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $311k to $272k (-13%), an average of -3.3% a year. The sharpest change came in the year to June 2020, when income rose by 36%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Manhattan Graphics Center Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Group Repertory Theatre ($272k), High Plains Heritage Society ($272k) and Southeastern Connecticut Cultural Coalition ($272k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $4,550 (1.4% of expenses). Other salaries and wages came to $103k. At year end it held assets of $231k against liabilities of $17k, net assets of $215k. It reported 4 employees.