Knickerbocker Cotillion Inc

Analysis

Knickerbocker Cotillion Inc is a registered charity in United States, based in Livingston, NJ. It received its IRS tax-exemption ruling in April 1974, 52 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 September 2023, Knickerbocker Cotillion Inc reported income of $217k and spending of $103k, leaving 52% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $126k to $217k (+72%), an average of +14% a year. The sharpest change came in the year to September 2022, when income rose by 38311%. 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, Knickerbocker Cotillion Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 62nd percentile within NJ. Charities of a similar size with the same main cause include Museum of the Mississippi Delta ($217k), Board of Directors of the Morton County Public Library ($217k) and Dance Canvas Inc ($217k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $35k (34% of expenses). At year end it held assets of $372k against liabilities of $1, net assets of $372k.