Baay

Analysis

Baay is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in April 2013, 13 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 August 2023, Baay reported income of $449k and spending of $379k, spending 84% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $417k to $449k (+7.8%), an average of +1.9% a year. The sharpest change came in the year to August 2023, when income rose by 35%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Baay sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Video Game History Foundation Inc ($449k), Hamazkayin Armenian Educational & Cultural Society Inc ($449k) and Cosmos Club Historic Preservation Foundation ($449k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 26% and program service revenue 66% of the total. Other salaries and wages came to $221k. At year end it held assets of $429k against liabilities of $92k, net assets of $337k. It reported 30 employees.