Frigid New York Inc

Analysis

Frigid New York Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2010, 16 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 August 2023, Frigid New York Inc reported income of $862k and spending of $857k, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $408k to $862k (+111%), an average of +20% a year. The sharpest change came in the year to August 2022, when income rose by 107%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Frigid New York Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Mason County Historical Society Inc ($861k), Profile Theatre Project ($862k) and Davidson Community Players ($861k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 37% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $38k (4.5% of expenses). Other salaries and wages came to $193k. At year end it held assets of $857k against liabilities of $963k, net assets of -$106k. It reported 35 employees.