Center for Migration Studies of New York Inc

Analysis

Center for Migration Studies of New York Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1970, 56 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Center for Migration Studies of New York Inc reported income of $645k and spending of $999k, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $645k (-36%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Center for Migration Studies of New York Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Public Art Saint Paul ($645k), Wilbury Theatre Group ($645k) and Bible Truth Publishers Inc ($645k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $361k (36% of expenses). Other salaries and wages came to $217k. At year end it held assets of $1.0m against liabilities of $288k, net assets of $720k. It reported 11 employees.