New Amsterdam Musical Association Inc

Analysis

New Amsterdam Musical Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2002, 24 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, New Amsterdam Musical Association Inc reported income of $57k and spending of $67k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $66k to $57k (-14%), an average of -14% a year. Over the whole period it spent 110% 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 Amsterdam Musical Association Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Lowell Historical Society ($57k), William Ferris Chorale ($57k) and Society of the Lees of Virginia ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $125k against liabilities of $65k, net assets of $60k.