Traditional Arts in Upstate New York

Analysis

Traditional Arts in Upstate New York is a registered charity in United States, based in Canton, NY. It received its IRS tax-exemption ruling in June 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 December 2023, Traditional Arts in Upstate New York reported income of $515k and spending of $664k, spending 129% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income grew from $298k to $515k (+72%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 194%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Traditional Arts in Upstate New York sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Western Museum of Mining & Industry ($515k), Brooklyn Japanese American Family Association Inc ($515k) and International Enneagram Association ($514k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $84k (13% of expenses). Other salaries and wages came to $340k. At year end it held assets of $1.3m against liabilities of $697k, net assets of $604k. It reported 18 employees.