Thousand Islands Performing Artsfund Inc

Analysis

Thousand Islands Performing Artsfund Inc is a registered charity in United States, based in Clayton, NY. It received its IRS tax-exemption ruling in October 1980, 46 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, Thousand Islands Performing Artsfund Inc reported income of $786k and spending of $751k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $447k to $786k (+76%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 158%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Thousand Islands Performing Artsfund Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Williams Grove Historical Steam Engine Association ($786k), Institutes for Journalism & Natural Resources ($786k) and Culture Lab Lic Inc ($785k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $73k (9.7% of expenses). Other salaries and wages came to $125k. At year end it held assets of $954k against liabilities of $143k, net assets of $811k. It reported 8 employees.