Barenboim-Said Foundation USA

Analysis

Barenboim-Said Foundation USA is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2005, 21 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, Barenboim-Said Foundation USA reported income of $267k and spending of $317k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $277k to $267k (-3.8%), an average of -1.0% a year. The sharpest change came in the year to December 2022, when income rose by 249%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Barenboim-Said Foundation USA sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Spotlight Performing Arts Center Inc ($267k), Irish Dance Teachers Association of North America Inc ($267k) and Temecula Valley Playhouse ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $94k (30% of expenses). Other salaries and wages came to $5,717. At year end it held assets of $547k against liabilities of $38k, net assets of $509k. It reported 2 employees.