Saratoga Springs Universal Preservation Hall

Analysis

Saratoga Springs Universal Preservation Hall is a registered charity in United States, based in Saratoga SPGS, NY. It received its IRS tax-exemption ruling in November 2002, 24 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, Saratoga Springs Universal Preservation Hall reported income of $424k and spending of $694k, spending 164% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $424k (-79%), an average of -32% a year. The sharpest change came in the year to December 2021, when income rose by 683%. Over the whole period it spent 31% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Saratoga Springs Universal Preservation Hall sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Lauren Edson Dance Incorporated ($424k), Corporation for Public Media Inc ($424k) and Pollard Theatre Company ($424k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $302k. At year end it held assets of $12.7m against liabilities of $2.1m, net assets of $10.7m. It reported 10 employees.