One World Project - Brooklyn

Analysis

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

In the financial year ending August 2023, One World Project - Brooklyn reported income of $2.5m and spending of $2.1m, spending 83% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.7m to $2.5m (+48%), an average of +10% a year. The sharpest change came in the year to August 2022, when income rose by 71%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, One World Project - Brooklyn sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Geothermal Resources Council ($2.5m), Theatre Ensemble ($2.5m) and Brava for Women in the Arts ($2.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $105k (5.0% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.8m against liabilities of $814k, net assets of $1.9m. It reported 9 employees.