The Center for Group Studies

Analysis

The Center for Group Studies is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1990, 36 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, The Center for Group Studies reported income of $300k and spending of $373k, spending 124% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $320k to $300k (-6.0%), an average of -2.1% a year. 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, The Center for Group Studies sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Broadway Inspirational Voices Inc ($300k), Bronzelens Atlanta Film Festival Inc ($300k) and Art and Culture Collective of Battle Creek ($300k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Other salaries and wages came to $118k. At year end it held assets of $272k against liabilities of $26k, net assets of $246k.