Tribeca New Music Inc

Analysis

Tribeca New Music Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1997, 29 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 August 2023, Tribeca New Music Inc reported income of $102k and spending of $99k, spending 97% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $92k to $102k (+11%), an average of +11% a year. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tribeca New Music Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Pikes Peak Writers ($102k), The Art Center Cooperative Inc ($102k) and Rain Forest Art Foundation ($102k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 91% and program service revenue 9.0% of the total. At year end it held assets of $49k against liabilities of $2,745, net assets of $46k.