White Columns Inc

Analysis

White Columns Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1973, 53 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, White Columns Inc reported income of $1.4m and spending of $1.2m, spending 84% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $812k to $1.4m (+75%), an average of +15% a year. The sharpest change came in the year to August 2022, when income rose by 53%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, White Columns Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Preucil School of Music ($1.4m), Forward Performing Arts Inc ($1.4m) and Cyt Chicago Inc ($1.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 78% of the total. Compensation of current officers, directors and key employees was $245k (21% of expenses). Other salaries and wages came to $282k. At year end it held assets of $3.6m against liabilities of $1.3m, net assets of $2.3m. It reported 7 employees.