Blue Mountains Projects Inc 1617 3rd Ave

Analysis

Blue Mountains Projects Inc 1617 3rd Ave is a registered charity in United States, based in Catskill, NY. It received its IRS tax-exemption ruling in February 2017, 9 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 December 2023, Blue Mountains Projects Inc 1617 3rd Ave reported income of $160k and spending of $242k, spending 152% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $451k to $160k (-65%), an average of -40% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Blue Mountains Projects Inc 1617 3rd Ave sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include India League of America Michigan ($160k), Base ($160k) and Laramie Public Art Coalition ($160k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $80k (33% of expenses). Other salaries and wages came to $32k. At year end it held assets of $182k against liabilities of $3,948, net assets of $178k. It reported 2 employees.