Nittany Antique Machinery Association

Analysis

Nittany Antique Machinery Association is a registered charity in United States, based in Centre Hall, PA. It received its IRS tax-exemption ruling in August 1980, 46 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 December 2023, Nittany Antique Machinery Association reported income of $223k and spending of $236k, spending 106% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $117k to $223k (+91%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 155%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nittany Antique Machinery Association sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include Youth Dance Ensemble ($223k), Center for Modern Dance Education Inc ($223k) and Childrens Art Studio ($223k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.7% of the total. Compensation of current officers, directors and key employees was $4,200 (1.8% of expenses). At year end it held assets of $383k against liabilities of $0, net assets of $383k.