City College Center for the Arts

Analysis

City College Center for the Arts is a registered charity in United States, based in New York, 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 2023, City College Center for the Arts reported income of $138k and spending of $152k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $364k to $138k (-62%), an average of -22% a year. The sharpest change came in the year to June 2022, when income rose by 2757%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, City College Center for the Arts 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 A18 Missions Inc ($138k), Pahoa Lava Zone Museum ($138k) and The Gujarati Mandal of Central Ohio ($138k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Other salaries and wages came to $58k. At year end it held assets of $133k against liabilities of $4,200, net assets of $129k.