NVLD Project Inc

Analysis

NVLD Project Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, NVLD Project Inc reported income of $324k and spending of $381k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $236k to $324k (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2021, when income rose by 183%. Over the whole period it spent 120% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, NVLD Project Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Iconos Kids Inc ($324k), Mankato Suzuki School of Music Inc ($324k) and Latsky Dance Inc ($324k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. Other salaries and wages came to $139k. At year end it held assets of $12k against liabilities of $1.0m, net assets of -$1.0m. It reported 4 employees.