New York Flute Club Inc

Analysis

New York Flute Club Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2015, 11 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 April 2024, New York Flute Club Inc reported income of $74k and spending of $36k, leaving 52% of income unspent that year. Across the 3 years on record, from April 2022 to April 2024, income grew from $29k to $74k (+153%), an average of +59% a year. The sharpest change came in the year to April 2023, when income rose by 74%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New York Flute Club Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Thousand Island Park Foundation Inc ($74k), Apalachicola Maritime Museum ($74k) and Lemont High School Band Parents Association ($74k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 44% and program service revenue 23% of the total. At year end it held assets of $142k against liabilities of $8,309, net assets of $134k.