American Friends of Fondation Beyeler

Analysis

American Friends of Fondation Beyeler is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2003, 23 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, American Friends of Fondation Beyeler reported income of $460k and spending of $429k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $460k (+821%), an average of +821% a year. The sharpest change came in the year to December 2023, when income rose by 821%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Friends of Fondation Beyeler sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Women Wonder Writers ($460k), Beat the Odds ($460k) and Arts for Kids Inc ($460k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $112k against liabilities of $3,507, net assets of $109k.