Society of Voice Arts and Sciences Inc

Analysis

Society of Voice Arts and Sciences Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 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 (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 2023, Society of Voice Arts and Sciences Inc reported income of $533k and spending of $611k, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $474k to $533k (+13%), an average of +3.0% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Society of Voice Arts and Sciences Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Northern Neck Orchestra Corporation ($533k), Rosenberg Railroad Museum Inc ($533k) and Dakhota Iapi Okhodakichiye ($533k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.1% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $24k (3.9% of expenses). Other salaries and wages came to $13k. At year end it held assets of $71k against liabilities of $262k, net assets of -$191k. It reported 2 employees.