One West 54th Street Foundation

Analysis

One West 54th Street Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1999, 27 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, One West 54th Street Foundation reported income of $568k and spending of $464k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $562k to $568k (+1.1%), an average of +0.3% a year. The sharpest change came in the year to December 2020, when income rose by 180%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, One West 54th Street Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Galveston Arts Center Inc ($568k), Three Generations Inc ($568k) and Western Institute for Social Research ($568k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $1.7m against liabilities of $12k, net assets of $1.7m.