Modern Language Association of America

Analysis

Modern Language Association of America is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1942, 84 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Modern Language Association of America reported income of $17.0m and spending of $15.9m, spending 93% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $16.2m to $17.0m (+5.0%), an average of +1.2% a year. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Modern Language Association of America sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Hillwood Estate Museum & Gardens ($17.0m), Code for Science and Society Inc ($17.0m) and Museum of Contemporary Art ($17.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 10% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $524k (3.3% of expenses). Other salaries and wages came to $8.0m. At year end it held assets of $38.9m against liabilities of $16.9m, net assets of $22.0m. It reported 163 employees.