Shevchenko Scientific Society Inc

Analysis

Shevchenko Scientific Society Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1950, 76 years ago. Its declared purposes cover science and technology, 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 June 2023, Shevchenko Scientific Society Inc reported income of $402k and spending of $511k, spending 127% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $387k to $402k (+3.9%), an average of +1.0% a year. The sharpest change came in the year to June 2021, when income rose by 177%. Over the whole period it spent 132% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shevchenko Scientific Society Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Salem Multi Institute ($402k), The North Atlantic Arts Alliance ($402k) and Theatre33 ($402k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% of the total. Compensation of current officers, directors and key employees was $112k (22% of expenses). At year end it held assets of $8.4m against liabilities of $88k, net assets of $8.3m. It reported 2 employees.