Catskill Mountain Foundation Inc

Analysis

Catskill Mountain Foundation Inc is a registered charity in United States, based in Hunter, NY. It received its IRS tax-exemption ruling in May 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, Catskill Mountain Foundation Inc reported income of $2.8m and spending of $3.4m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.8m (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Catskill Mountain Foundation Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include World Christian Broadcasting Corporation ($2.8m), Brazosport Fine Arts Council Inc ($2.8m) and Knoxville Museum of Art ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $70k (2.1% of expenses). At year end it held assets of $10.0m against liabilities of $3.4m, net assets of $6.6m. It reported 48 employees.