New Harmony Line Inc

Analysis

New Harmony Line Inc is a registered charity in United States, based in Waltham, MA. It received its IRS tax-exemption ruling in March 2016, 10 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, New Harmony Line Inc reported income of $181k and spending of $197k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $182k to $181k (-0.5%), an average of -0.5% a year. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Harmony Line Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within MA. Charities of a similar size with the same main cause include Columbus Ohio Firefighters Museum Inc ($181k), Lynch Ballet Company Inc ($181k) and Dakota Stage Limited ($181k).

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 $36k against liabilities of $0, net assets of $36k.