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Nye Family of America Association Inc

RegisteredEIN 23-7132163East Sandwich, MAArts, culture, heritage and science
Income$151k2023-12
Spending$246ksame year
Spent / received68%5-year average
Size in its cause53rd pctArts, culture, heritage and science
Exempt since1971Publicly supported organisat
Employees11latest return

Analysis

Nye Family of America Association Inc is a registered charity in United States, based in East Sandwich, MA. It received its IRS tax-exemption ruling in October 1971, 55 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, Nye Family of America Association Inc reported income of $151k and spending of $246k, spending 163% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $152k to $151k (-0.6%), an average of -0.1% a year. The sharpest change came in the year to December 2021, when income rose by 1251%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nye Family of America Association Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 52nd percentile within MA. Charities of a similar size with the same main cause include Lithuanian Cultural School of Chicago ($151k), V O I C Experience Foundation ($151k) and Childrens Art Carnival ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 8.9% of the total. Other salaries and wages came to $112k. At year end it held assets of $4.5m against liabilities of $0, net assets of $4.5m. It reported 11 employees.

Income and spending

$0$263k$525k$788k$1.1m2019 Income: $151,7412019 Spending: $176,26820192020 Income: $77,7322020 Spending: $221,68120202021 Income: $1,050,4652021 Spending: $228,51520212022 Income: $195,6712022 Spending: $238,38320222023 Income: $150,8762023 Spending: $245,5322023
IncomeSpending

Where the income comes from

  • Contributions & grants 32%
  • Program services 8.9%
  • Other 59%

Similar-sized charities, same cause

CharityLocationIncome
Lithuanian Cultural School of ChicagoChicago$151k
V O I C Experience FoundationPalm Harbor$151k
Childrens Art CarnivalNew York$151k
Warmhearted AcademySugar Land$151k