The Flagship Niagara League

Analysis

The Flagship Niagara League is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in August 1982, 44 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, The Flagship Niagara League reported income of $1.6m and spending of $1.6m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.6m (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Flagship Niagara League sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include Lyric Arts Company of Anoka Inc ($1.6m), Edge and Center Inc ($1.6m) and Captain Paul Watson Foundation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 11% of the total. Other salaries and wages came to $884k. At year end it held assets of $598k against liabilities of $410k, net assets of $188k. It reported 22 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.