International Sejong Soloists Inc

Analysis

International Sejong Soloists Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1999, 27 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, International Sejong Soloists Inc reported income of $472k and spending of $510k, spending 108% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $236k to $472k (+100%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, International Sejong Soloists Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Charleston Light Opera Guild Inc ($472k), Hollywood Science Fiction Foundation ($472k) and Explore Childrens Museum of Sun Prairie ($472k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $55k (11% of expenses). At year end it held assets of $18k against liabilities of $8,851, net assets of $9,158. It reported 3 employees.