Holland Society of New York

Analysis

Holland Society of New York is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1949, 77 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, Holland Society of New York reported income of $255k and spending of $402k, spending 158% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $462k to $255k (-45%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 761%. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Holland Society of New York sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Contemporary Art Group ($255k), New Hampshire Farm Museum Inc ($255k) and Voices of Our Nations Arts Foundati on ($255k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $89k (22% of expenses). Other salaries and wages came to $68k. At year end it held assets of $6.3m against liabilities of $33k, net assets of $6.3m. It reported 3 employees.