Taiwanese American Arts Council Corp

Analysis

Taiwanese American Arts Council Corp is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in May 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 December 2023, Taiwanese American Arts Council Corp reported income of $123k and spending of $118k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $123k (+88%), an average of +88% a year. The sharpest change came in the year to December 2023, when income rose by 88%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Taiwanese American Arts Council Corp sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Ozark Folkways ($123k), Great Stone Viaduct Historical Education Society Inc ($123k) and Intersectional Arts Inc ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.