Oded Halahmy Foundation for the Arts Inc

Analysis

Oded Halahmy Foundation for the Arts Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2002, 24 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, Oded Halahmy Foundation for the Arts Inc reported income of $346k and spending of $370k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $232k to $346k (+49%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 117%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oded Halahmy Foundation for the Arts Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Vermont Museum of Natural History Inc ($346k), Cinefemme ($346k) and Ego Po ($346k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.