The Nolumbeka Project Inc

Analysis

The Nolumbeka Project Inc is a registered charity in United States, based in Greenfield, MA. It received its IRS tax-exemption ruling in April 2011, 15 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, The Nolumbeka Project Inc reported income of $84k and spending of $60k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $40k to $84k (+109%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 88% 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 Nolumbeka Project Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 40th percentile within MA. Charities of a similar size with the same main cause include Opera Buffs ($84k), Norman Lowell Art Gallery Foundation ($84k) and Up in One Productions Inc ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $600k against liabilities of $0, net assets of $600k.