Stravinsky Institute Foundation Inc

Analysis

Stravinsky Institute Foundation Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in February 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, Stravinsky Institute Foundation Inc reported income of $162k and spending of $199k, spending 123% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $359k to $162k (-55%), an average of -23% a year. The sharpest change came in the year to December 2021, when income dropped by 36%. 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, Stravinsky Institute Foundation Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Twin City Players ($162k), Nwi Dance Parents Association Inc ($162k) and Conecta Miami Arts Inc ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. Other salaries and wages came to $82k. At year end it held assets of $19k against liabilities of $0, net assets of $19k.