The Smithy-Pioneer Gallery Inc

Analysis

The Smithy-Pioneer Gallery Inc is a registered charity in United States, based in Cooperstown, NY. It received its IRS tax-exemption ruling in February 1985, 41 years ago. 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, The Smithy-Pioneer Gallery Inc reported income of $152k and spending of $90k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $155k to $152k (-1.8%), an average of -0.4% a year. The sharpest change came in the year to December 2020, when income dropped by 30%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Smithy-Pioneer Gallery Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include California State University Hayward Alumni Association Incorporated ($152k), PTA Texas Congress ($152k) and Oyster Bay Historical Society ($152k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 35% of the total. It paid $5,000 in professional fundraising fees. At year end it held assets of $1.4m against liabilities of $2,206, net assets of $1.4m.