First Night Alexandria Inc

Analysis

First Night Alexandria Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in June 1994, 32 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 March 2024, First Night Alexandria Inc reported income of $160k and spending of $223k, spending 140% of what it took in. Across the 5 years on record, from March 2019 to March 2024, income fell from $239k to $160k (-33%), an average of -9.5% a year. The sharpest change came in the year to March 2022, when income dropped by 66%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, First Night Alexandria Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within VA. Charities of a similar size with the same main cause include Rutland Area Art Association ($160k), Northern New Jersey Chinese Association ($160k) and Central Area Youth Association ($160k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $214k against liabilities of $0, net assets of $214k.