American Friends of the National Gallery of Ireland Inc

Analysis

American Friends of the National Gallery of Ireland Inc is a registered charity in United States, based in Montclair, NJ. It received its IRS tax-exemption ruling in October 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 (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, American Friends of the National Gallery of Ireland Inc reported income of $106k and spending of $57k, leaving 46% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $995k to $106k (-89%), an average of -53% a year. The sharpest change came in the year to December 2022, when income rose by 482%. Over the whole period it spent 22% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Friends of the National Gallery of Ireland Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 46th percentile within NJ. Charities of a similar size with the same main cause include Art and Music Center Inc ($106k), Hawaii Island Pacific & Asia Cultural Celebration Inc ($106k) and Sunbridge International Collaborative Inc ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.