Mohawk Valley Center for the Arts Inc

Analysis

Mohawk Valley Center for the Arts Inc is a registered charity in United States, based in Little Falls, NY. It received its IRS tax-exemption ruling in June 1983, 43 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 June 2024, Mohawk Valley Center for the Arts Inc reported income of $121k and spending of $123k, spending 102% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $83k to $121k (+45%), an average of +45% a year. The sharpest change came in the year to June 2024, when income rose by 45%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mohawk Valley Center for the Arts Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Gohan Society ($121k), Chestnut Avenue Center for the Arts Inc ($121k) and Pennsylvania Theatre of Performing Arts ($121k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 48% and program service revenue 47% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.