Sbdny Inc

Analysis

Sbdny Inc is a registered charity in United States, based in White Plains, NY. It received its IRS tax-exemption ruling in February 2009, 17 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 April 2023, Sbdny Inc reported income of $144k and spending of $180k, spending 125% of what it took in. Across the 2 years on record, from April 2022 to April 2023, income fell from $208k to $144k (-31%), an average of -31% a year. The sharpest change came in the year to April 2023, when income dropped by 31%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sbdny Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Mississippi Cultural Crossroads Inc ($144k), Berkeley Castle Foundation Inc ($144k) and Orr Street Artists Guild ($144k).

On its Form 990 for the period ending April 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $206k against liabilities of $13k, net assets of $193k.