Now Ensemble Inc

Analysis

Now Ensemble Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2006, 20 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, Now Ensemble Inc reported income of $53k and spending of $44k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $53k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Now Ensemble Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Art for Refugees in Transition Inc ($53k), Fern Dell Historic Association ($53k) and Rio Grande Modeling & Historical Society ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $73k against liabilities of $23k, net assets of $51k.