Assembly House 150 Inc

Analysis

Assembly House 150 Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in June 2015, 11 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 March 2024, Assembly House 150 Inc reported income of $766k and spending of $955k, spending 125% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $343k to $766k (+123%), an average of +22% a year. The sharpest change came in the year to March 2022, when income rose by 64%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Assembly House 150 Inc sits at the 83rd percentile: it is larger than about 83% 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 BCT Brooklyn Childrens Theatre ($766k), Art Share Los Angeles Inc ($766k) and Gorham Arts Alliance ($766k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 97% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $92k (9.6% of expenses). Other salaries and wages came to $388k. At year end it held assets of $517k against liabilities of $213k, net assets of $305k. It reported 13 employees.