West Falls Center for the Arts

Analysis

West Falls Center for the Arts is a registered charity in United States, based in West Falls, NY. It received its IRS tax-exemption ruling in April 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 August 2023, West Falls Center for the Arts reported income of $330k and spending of $335k, spending 102% of its income. Across the 3 years on record, from August 2021 to August 2023, income grew from $175k to $330k (+88%), an average of +37% a year. The sharpest change came in the year to August 2022, when income rose by 52%. 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, West Falls Center for the Arts sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include One Year Lease Inc ($330k), Newport Symphony Orchestra ($330k) and Veterans Breakfast Club ($330k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 52% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $69k (21% of expenses). At year end it held assets of $237k against liabilities of $165k, net assets of $72k. It reported 1 employees.