Urban Studio Unbound Inc

Analysis

Urban Studio Unbound Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 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, Urban Studio Unbound Inc reported income of $70k and spending of $70k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $90k to $70k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Urban Studio Unbound Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Movement Arts Collective Inc ($69k), Santa Barbara Courthouse Legacy Foundation ($70k) and International Federation for Psychoanalytic Education ($69k).

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 $9,844 against liabilities of $0, net assets of $9,844.