North American Cultural Laboratory Inc

Analysis

North American Cultural Laboratory Inc is a registered charity in United States, based in Highland Lake, NY. It received its IRS tax-exemption ruling in July 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 December 2023, North American Cultural Laboratory Inc reported income of $371k and spending of $279k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $151k to $371k (+146%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, North American Cultural Laboratory Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include First City Players & Ketchikan Community Chorus Inc ($371k), Dance and Dialogue ($371k) and Diaspora Arts Connection Inc ($371k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $119k (43% of expenses). At year end it held assets of $354k against liabilities of $44k, net assets of $309k. It reported 5 employees.