Mid-Hudson Heritage Center Inc

Analysis

Mid-Hudson Heritage Center Inc is a registered charity in United States, based in Poughkeepsie, NY. It received its IRS tax-exemption ruling in July 2014, 12 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, Mid-Hudson Heritage Center Inc reported income of $179k and spending of $183k, spending 102% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $249k to $179k (-28%), an average of -15% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mid-Hudson Heritage Center Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Kauai Music Festival ($179k), Association for Development of Dramatic Arts Inc ($179k) and Nava Dance Theatre ($179k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 75% of the total. At year end it held assets of $54k against liabilities of $5,858, net assets of $48k.