Highlands Current Inc

Analysis

Highlands Current Inc is a registered charity in United States, based in Cold Spring, NY. It received its IRS tax-exemption ruling in October 2015, 11 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 June 2024, Highlands Current Inc reported income of $620k and spending of $659k, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $572k to $620k (+8.4%), an average of +2.0% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Highlands Current Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include The Great Star Theater ($619k), Hispanic Advocacy and Community Empowerment Through Research ($620k) and Terre Haute Symphony Association ($619k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 3.5% of the total. Other salaries and wages came to $290k. At year end it held assets of $844k against liabilities of $31k, net assets of $813k. It reported 6 employees.