Second Generation Productions Inc

Analysis

Second Generation Productions Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1998, 28 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, Second Generation Productions Inc reported income of $90k and spending of $89k, spending 99% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $62k to $90k (+44%), an average of +44% a year. The sharpest change came in the year to June 2023, when income rose by 44%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Second Generation Productions Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Stoneware Museum of Monmouth Illinois ($90k), Piano Arts of Wisconsin Inc ($90k) and Stained Glass Theatre Mid Missouri ($89k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $66k against liabilities of $62k, net assets of $3,664.