Halcyon Foundation

Analysis

Halcyon Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1957, 69 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, Halcyon Foundation reported income of $685k and spending of $983k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $601k to $685k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2020, when income rose by 117%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Halcyon Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Texas Energy Poverty Research Institute ($685k), Downtown Winston-Salem Community Cinema ($685k) and Americans for Medical Progress Educational Foundation ($685k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. Compensation of current officers, directors and key employees was $78k (7.9% of expenses). At year end it held assets of $7.2m against liabilities of $316k, net assets of $6.9m. It reported 1 employees.