New York Council for the Humanities

Analysis

New York Council for the Humanities is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1975, 51 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 October 2023, New York Council for the Humanities reported income of $2.6m and spending of $2.9m, spending 110% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $2.1m to $2.6m (+25%), an average of +5.7% a year. The sharpest change came in the year to October 2020, when income rose by 56%. Over the whole period it spent 94% 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 York Council for the Humanities sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Porchlight Music Theatre Chicago ($2.6m), Ocean Professional Theatre Company Inc ($2.6m) and Americans for the Arts Inc ($2.6m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 96% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $395k (14% of expenses). Other salaries and wages came to $620k. At year end it held assets of $3.9m against liabilities of $1.3m, net assets of $2.5m. It reported 11 employees.