Canto Vocal Programs a New York Nonprofit Corporation

Analysis

Canto Vocal Programs a New York Nonprofit Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Canto Vocal Programs a New York Nonprofit Corporation reported income of $50k and spending of $49k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $52k to $50k (-4.1%), an average of -2.1% a year. 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, Canto Vocal Programs a New York Nonprofit Corporation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include Greenville Family Theater ($50k), Jazz Sanctuary Inc ($50k) and Toy Train Depot Inc ($50k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $14k (29% of expenses). At year end it held assets of $9,034 against liabilities of $0, net assets of $9,034.