Artsrock of Rockland Inc

Analysis

Artsrock of Rockland Inc is a registered charity in United States, based in Nyack, NY. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Artsrock of Rockland Inc reported income of $138k and spending of $122k, spending 88% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $82k to $138k (+68%), an average of +68% a year. The sharpest change came in the year to June 2024, when income rose by 68%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artsrock of Rockland Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Panhandle Pioneer Settlement Inc ($138k), Museum of the Albemarle Inc ($138k) and Prismatic Movement ($137k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 51% and program service revenue 49% of the total. At year end it held assets of $84k against liabilities of $11k, net assets of $73k.