Kunqu Society Inc

Analysis

Kunqu Society Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in February 1991, 35 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 June 2024, Kunqu Society Inc reported income of $147k and spending of $134k, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $110k to $147k (+33%), an average of +7.3% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kunqu Society Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Yumi Cares Foundation Inc ($147k), Glenn L Martin Maryland Aviation Museum Inc ($147k) and Northeast Addison Television Incorporated ($147k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% and program service revenue 15% of the total. Other salaries and wages came to $79k. At year end it held assets of $344k against liabilities of $0, net assets of $344k. It reported 16 employees.