Buffalo Olmsted Parks Conservancy Inc

Analysis

Buffalo Olmsted Parks Conservancy Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in July 1986, 40 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, Buffalo Olmsted Parks Conservancy Inc reported income of $4.5m and spending of $6.0m, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.8m to $4.5m (-22%), an average of -5.9% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Buffalo Olmsted Parks Conservancy Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Neighborhood Trust Financial Partners Inc ($4.5m), Blue Ridge Public Television ($4.5m) and Coalition to Salute Americas Heroes Foundation ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $204k (3.4% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $3.5m against liabilities of $846k, net assets of $2.7m. It reported 149 employees.