Bengali Cultural Society

Analysis

Bengali Cultural Society is a registered charity in United States, based in Solon, OH. It received its IRS tax-exemption ruling in March 2000, 26 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, Bengali Cultural Society reported income of $84k and spending of $86k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $84k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bengali Cultural Society sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within OH. Charities of a similar size with the same main cause include Art Center of Northern New Jersey ($84k), Grosse Pointe Yacht Club Foundation ($84k) and Bethlehem Music Series ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 28% of the total. At year end it held assets of $129k against liabilities of $0, net assets of $129k.