Garden State Cultural Association Inc

Analysis

Garden State Cultural Association Inc is a registered charity in United States, based in Edison, NJ. It received its IRS tax-exemption ruling in March 1993, 33 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, Garden State Cultural Association Inc reported income of $146k and spending of $183k, spending 126% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $17k to $146k (+758%), an average of +193% a year. The sharpest change came in the year to December 2022, when income rose by 897%. Over the whole period it spent 116% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Garden State Cultural Association Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 54th percentile within NJ. Charities of a similar size with the same main cause include New England Malayalee Association ($146k), Bunbury Repertory Theatre Company ($146k) and Star Spangled Banner Flag House Association Incorporated ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.1% and program service revenue 83% of the total. At year end it held assets of $211k against liabilities of $0, net assets of $211k.

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.