Gabarron Foundation

Analysis

Gabarron Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2014, 12 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, Gabarron Foundation reported income of $125k and spending of $168k, spending 134% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $349k to $125k (-64%), an average of -29% a year. The sharpest change came in the year to December 2021, when income rose by 265%. Over the whole period it spent 55% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gabarron Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Common Ground Project ($125k), International Phycological Society a California Nonproft Pub Ben Corp ($125k) and Dance Notation Bureau Inc ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.