American Friends of Les Arts Florissants Inc

Analysis

American Friends of Les Arts Florissants Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2013, 13 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, American Friends of Les Arts Florissants Inc reported income of $4.1m and spending of $2.3m, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $4.1m (+246%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 96%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Friends of Les Arts Florissants Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Discovery Center of Science and Technology ($4.1m), International Society of Aesthetic Plastic Surgery ($4.1m) and Center for Excellence in Education ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3.0m against liabilities of $458k, net assets of $2.6m.