Committee of 100 Inc

Analysis

Committee of 100 Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 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 June 2023, Committee of 100 Inc reported income of $2.6m and spending of $4.1m, spending 155% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.2m to $2.6m (-19%), an average of -5.2% a year. The sharpest change came in the year to June 2020, when income rose by 57%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Committee of 100 Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Bronx Council on the Arts Inc ($2.6m), Millennial Music ($2.6m) and Sacramento Region Performing Arts Alliance ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $1.1m (27% of expenses). Other salaries and wages came to $988k. At year end it held assets of $12.5m against liabilities of $449k, net assets of $12.0m. It reported 15 employees.