Alfa Art Center a NJ Nonprofit Corporation

Analysis

Alfa Art Center a NJ Nonprofit Corporation is a registered charity in United States, based in New Brunswick, NJ. It received its IRS tax-exemption ruling in February 2011, 15 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, Alfa Art Center a NJ Nonprofit Corporation reported income of $89k and spending of $128k, spending 144% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $146k to $89k (-39%), an average of -39% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alfa Art Center a NJ Nonprofit Corporation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 41st percentile within NJ. Charities of a similar size with the same main cause include Tanguero Inc ($89k), Mount St Helens Creation Information Center ($89k) and Effingham County Cultural Center and Museum Association Inc NFP ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $64k against liabilities of $510, net assets of $63k.