Independent Curators International

Analysis

Independent Curators International is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 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 December 2023, Independent Curators International reported income of $1.9m and spending of $2.1m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.9m (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Independent Curators International sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Historical Society of Michigan ($1.9m), Huntsville Symphony Orchestra Association ($1.9m) and Forum for Cultural Engagement Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 10% of the total. Other salaries and wages came to $836k. At year end it held assets of $2.6m against liabilities of $1.0m, net assets of $1.6m. It reported 16 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.