Blackstone River Valley National Heritage Corridor Inc
Analysis
Blackstone River Valley National Heritage Corridor Inc is a registered charity in United States, based in Whitinsville, MA. It received its IRS tax-exemption ruling in July 2014, 12 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 September 2023, Blackstone River Valley National Heritage Corridor Inc reported income of $479k and spending of $411k, spending 86% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $560k to $479k (-14%), an average of -3.8% a year. The sharpest change came in the year to September 2020, when income dropped by 34%. 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, Blackstone River Valley National Heritage Corridor Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Golden Performing Arts Center a California Nonprofit Benefit Corp ($479k), Glyndebourne America Inc ($479k) and Adopt the Arts Foundation ($479k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 0.3% of the total. Other salaries and wages came to $236k. At year end it held assets of $1.7m against liabilities of $233k, net assets of $1.5m. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Program services 0.3%
- Other 3.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Golden Performing Arts Center a California Nonprofit Benefit Corp | Canoga Park | $479k |
| Glyndebourne America Inc | New York | $479k |
| Adopt the Arts Foundation | Agoura Hills | $479k |
| Region 2 Arts Council | Bemidji | $479k |