Catskill Art Society Inc

Analysis

Catskill Art Society Inc is a registered charity in United States, based in Livingstn MNR, NY. It received its IRS tax-exemption ruling in December 1972, 54 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 December 2023, Catskill Art Society Inc reported income of $412k and spending of $437k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $570k to $412k (-28%), an average of -7.8% a year. The sharpest change came in the year to December 2021, when income rose by 279%. Over the whole period it spent 44% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Catskill Art Society Inc sits at the 74th percentile: it is larger than about 74% 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 Blue Ridge Community Theatre Inc ($412k), Child Hope International ($412k) and Southeastern Museums Conference Inc ($412k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $70k (16% of expenses). Other salaries and wages came to $21k. At year end it held assets of $2.9m against liabilities of $801k, net assets of $2.1m. It reported 2 employees.