Golandsky Institute

Analysis

Golandsky Institute is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2004, 22 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Golandsky Institute reported income of $126k and spending of $121k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $156k to $126k (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Golandsky Institute sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Around the Curtain Childrens Theatre ($126k), The Esoterics ($126k) and Rockville Centre Guild for the Arts Inc ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $52k (43% of expenses). At year end it held assets of $176k against liabilities of $5,656, net assets of $170k. It reported 11 employees.