National Society of Arts and Letters

Analysis

National Society of Arts and Letters is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in April 2022, 4 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 June 2023, National Society of Arts and Letters reported income of $54k and spending of $43k, leaving 20% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $67k to $54k (-19%), an average of -6.8% a year. The sharpest change came in the year to June 2023, when income rose by 267%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Society of Arts and Letters sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within MD. Charities of a similar size with the same main cause include Childrens Discovery Museum ($54k), Fire Fighters Memorial Foundation of Missouri ($54k) and Arts on the Allegheny ($54k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $431k against liabilities of $0, net assets of $431k.