Institute of Classical Architecture and Art Inc

Analysis

Institute of Classical Architecture and Art Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2022, Institute of Classical Architecture and Art Inc reported income of $3.7m and spending of $3.4m, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $3.1m to $3.7m (+19%), an average of +6.0% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute of Classical Architecture and Art Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include The Girls School of Austin Inc ($3.7m), Foundation for the McKnight Center for the Performing Arts ($3.7m) and Cottonwood Creek Charter School ($3.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 84% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $375k (11% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $7.6m against liabilities of $3.1m, net assets of $4.5m. It reported 18 employees.