New York Piano Society Inc

Analysis

New York Piano Society Inc is a registered charity in United States, based in Garden City, NY. It received its IRS tax-exemption ruling in October 2007, 19 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New York Piano Society Inc reported income of $97k and spending of $118k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $97k (+14%), an average of +14% a year. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New York Piano Society Inc 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 36th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Ibec Inc ($97k), Red Rose Intercultural and Educational Foundation ($97k) and Southern Hills Arts Council ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.