Metropolitan Golf Association Foundation

Analysis

Metropolitan Golf Association Foundation is a registered charity in United States, based in Elmsford, NY. It received its IRS tax-exemption ruling in March 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 October 2023, Metropolitan Golf Association Foundation reported income of $2.3m and spending of $1.5m, leaving 35% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.7m to $2.3m (+36%), an average of +8.0% a year. The sharpest change came in the year to October 2021, when income rose by 71%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Metropolitan Golf Association Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Johnson Hall Inc ($2.3m), Dunedin Fine Arts Cultural Center Inc ($2.3m) and Grand Performances ($2.3m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 63% and program service revenue 23% of the total. Other salaries and wages came to $865k. At year end it held assets of $6.0m against liabilities of $68k, net assets of $6.0m. It reported 148 employees.