Our Fabulous Variety Show Inc

Analysis

Our Fabulous Variety Show Inc is a registered charity in United States, based in Hampton Bays, NY. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Our Fabulous Variety Show Inc reported income of $359k and spending of $329k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $151k to $359k (+138%), an average of +138% a year. The sharpest change came in the year to December 2023, when income rose by 138%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Our Fabulous Variety Show Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Friends of the Lincoln Collection of Indiana Inc ($359k), 122 East 66th Street Foundation Inc ($359k) and Bytm Building Youth Through Music ($358k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $126k. At year end it held assets of $49k against liabilities of $0, net assets of $49k.