New Netherland Institute

Analysis

New Netherland Institute is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in June 1987, 39 years ago. Its declared purposes cover social science, 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, New Netherland Institute reported income of $255k and spending of $264k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $385k to $255k (-34%), an average of -9.8% a year. The sharpest change came in the year to December 2022, when income dropped by 104%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Netherland Institute 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 Lake County Arts Council ($254k), SSJ Inc ($255k) and Grants Pass Museum of Art ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $68k (26% of expenses). At year end it held assets of $1.2m against liabilities of $6,062, net assets of $1.2m. It reported 1 employees.