Cny Arts Center

Analysis

Cny Arts Center is a registered charity in United States, based in Fulton, NY. It received its IRS tax-exemption ruling in September 2011, 15 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, Cny Arts Center reported income of $279k and spending of $142k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $279k (+242%), an average of +242% a year. The sharpest change came in the year to December 2023, when income rose by 242%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cny Arts Center sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Hockaday Museum of Art ($279k), Circus Hall of Fame Inc ($279k) and Penn Square Opera ($279k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 17% of the total. At year end it held assets of $439k against liabilities of $88k, net assets of $351k.