Nesin Cultural Arts Inc

Analysis

Nesin Cultural Arts Inc is a registered charity in United States, based in Monticello, NY. It received its IRS tax-exemption ruling in November 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, Nesin Cultural Arts Inc reported income of $199k and spending of $195k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $211k to $199k (-5.4%), an average of -2.7% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nesin Cultural Arts Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Muse 360 Incorporated ($199k), Transforming Creatives Inc ($199k) and Orpheum Theatre of Galesburg Il NFP Inc ($199k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 36% of the total. Other salaries and wages came to $51k. At year end it held assets of $137k against liabilities of $1,054, net assets of $136k. It reported 12 employees.