Midtown Utica Community Center

Analysis

Midtown Utica Community Center is a registered charity in United States, based in Utica, NY. It received its IRS tax-exemption ruling in July 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 December 2023, Midtown Utica Community Center reported income of $745k and spending of $529k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $65k to $745k (+1047%), an average of +84% a year. The sharpest change came in the year to December 2022, when income rose by 390%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Midtown Utica Community Center sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Hanford Mills Museum at East Meredith ($745k), Telangana Peoples Association of Dallas ($745k) and Create Portage County Inc ($745k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $55k (10% of expenses). Other salaries and wages came to $195k. At year end it held assets of $513k against liabilities of $71k, net assets of $442k. It reported 10 employees.