Mt Adnah Preservation Foundation

Analysis

Mt Adnah Preservation Foundation is a registered charity in United States, based in Fulton, NY. It received its IRS tax-exemption ruling in August 1995, 31 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 December 2023, Mt Adnah Preservation Foundation reported income of $57k and spending of $16k, leaving 72% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $44k to $57k (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2022, when income rose by 258%. Over the whole period it spent 29% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mt Adnah Preservation Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Seguin Texas Theatre ($57k), Sandy Actors Theatre a Non Profit Corporation ($57k) and Montrose Botanical Society Inc ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $252k against liabilities of $0, net assets of $252k.