Mohawk Valley Collective Inc

Analysis

Mohawk Valley Collective Inc is a registered charity in United States, based in Fort Plain, NY. It received its IRS tax-exemption ruling in September 2012, 14 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, Mohawk Valley Collective Inc reported income of $181k and spending of $117k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $178k to $181k (+1.8%), an average of +0.4% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 49% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mohawk Valley Collective 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 52nd percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Multicultural Genealogical Center of Southern Ohio Inc ($181k), Sonrisas Inc ($181k) and Project Dance Foundation ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $27k. At year end it held assets of $1.1m against liabilities of $446k, net assets of $659k. It reported 5 employees.