Salon de Virtuosi Inc

Analysis

Salon de Virtuosi Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1991, 35 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, Salon de Virtuosi Inc reported income of $125k and spending of $162k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $124k to $125k (+1.2%), an average of +0.3% a year. The sharpest change came in the year to December 2020, when income rose by 96%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Salon de Virtuosi Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Goshen Theatre Project NFP ($125k), Valentina Kozlova Dance Foundation Inc ($125k) and New Museum of Portsmouth Inc ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $28k. At year end it held assets of $452k against liabilities of $0, net assets of $452k. It reported 1 employees.