Eileen S Kaminsky Family Foundation

Analysis

Eileen S Kaminsky Family Foundation is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in January 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 (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, Eileen S Kaminsky Family Foundation reported income of $271k and spending of $276k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $283k to $271k (-4.0%), an average of -2.0% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Eileen S Kaminsky Family Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 66th percentile within NJ. Charities of a similar size with the same main cause include Noe Valley Chamber Music ($271k), Baltimore Streetcar Museum Inc ($271k) and Dallas Music Network Inc ($271k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Other salaries and wages came to $80k. At year end it held assets of $9,396 against liabilities of $6,913, net assets of $2,483. It reported 2 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.