Cuba Friends of Architecture Inc

Analysis

Cuba Friends of Architecture Inc is a registered charity in United States, based in Cuba, NY. It received its IRS tax-exemption ruling in December 2004, 22 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, Cuba Friends of Architecture Inc reported income of $134k and spending of $156k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $98k to $134k (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cuba Friends of Architecture Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Friends of the M ($134k), Massachussetts Media Fund Inc ($134k) and Canterbury Choral Society Inc ($134k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $1.1m against liabilities of $12k, net assets of $1.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.