The Edna St Vincent Millay Society

Analysis

The Edna St Vincent Millay Society is a registered charity in United States, based in Austerlitz, NY. It received its IRS tax-exemption ruling in September 1978, 48 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, The Edna St Vincent Millay Society reported income of $459k and spending of $167k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $99k to $459k (+366%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 283%. 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, The Edna St Vincent Millay Society sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include The Barn Theatre Inc ($459k), River Oaks Square Arts Center Association Inc ($459k) and 45th Street Artists Cooperative ($459k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 3.2% of the total. Other salaries and wages came to $62k. At year end it held assets of $1.0m against liabilities of $4,051, net assets of $1.0m.