Friends of Mills Mansion

Analysis

Friends of Mills Mansion is a registered charity in United States, based in Staatsburg, NY. It received its IRS tax-exemption ruling in October 1989, 37 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 March 2024, Friends of Mills Mansion reported income of $95k and spending of $38k, leaving 60% of income unspent that year. Across the 2 years on record, from March 2023 to March 2024, income fell from $111k to $95k (-15%), an average of -15% a year. Over the whole period it spent 57% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Mills Mansion sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Creatives Project Inc ($95k), Sedona Chamber Ballet Company ($95k) and Bridge-To-Africa Connection Inc ($95k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 44% of the total. At year end it held assets of $508k against liabilities of $153k, net assets of $354k.