Lawson Boating Heritage Center on Chautauqua Lake

Analysis

Lawson Boating Heritage Center on Chautauqua Lake is a registered charity in United States, based in Bemus Point, NY. It received its IRS tax-exemption ruling in March 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, Lawson Boating Heritage Center on Chautauqua Lake reported income of $255k and spending of $98k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $146k to $255k (+74%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lawson Boating Heritage Center on Chautauqua Lake sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include American Paint Horse Heritage Foundation Inc ($255k), Eastland Fine Arts Association ($255k) and Liberty Arts Inc ($255k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $1.1m against liabilities of $66k, net assets of $1.0m.