Maysles Institute Inc
Analysis
Maysles Institute Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2006, 20 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, Maysles Institute Inc reported income of $879k and spending of $761k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $461k to $879k (+91%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 100% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Maysles Institute Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Open Hearts Art Center ($879k), Piece by Piece ($880k) and Theatre Advancement Production Society Inc ($878k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 14% of the total. Other salaries and wages came to $447k. At year end it held assets of $276k against liabilities of $138k, net assets of $138k. It reported 15 employees.
Income and spending
Where the income comes from
- Contributions & grants 79%
- Program services 14%
- Other 6.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Open Hearts Art Center | Asheville | $879k |
| Piece by Piece | Los Angeles | $880k |
| Theatre Advancement Production Society Inc | Fleming Island | $878k |
| International Folk Art Foundation | Santa Fe | $880k |