Ashford Hollow Foundation for the Visual Performing Arts

Analysis

Ashford Hollow Foundation for the Visual Performing Arts is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in June 1968, 58 years ago. 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 November 2023, Ashford Hollow Foundation for the Visual Performing Arts reported income of $219k and spending of $172k, leaving 22% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income grew from $91k to $219k (+142%), an average of +25% a year. The sharpest change came in the year to November 2020, when income rose by 77%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ashford Hollow Foundation for the Visual Performing Arts sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Affordable Housing Projects of Orange County Inc ($219k), Northern Ozaukee Schools Scholarship Foundation Inc ($219k) and Kings Bay Youth Organization Inc ($219k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 36% of the total. Other salaries and wages came to $54k. At year end it held assets of $446k against liabilities of $154k, net assets of $291k. It reported 1 employees.