Kingston Midtown Arts District

Analysis

Kingston Midtown Arts District is a registered charity in United States, based in Kingston, NY. It received its IRS tax-exemption ruling in August 2017, 9 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, Kingston Midtown Arts District reported income of $594k and spending of $580k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $202k to $594k (+193%), an average of +71% a year. The sharpest change came in the year to December 2022, when income rose by 136%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kingston Midtown Arts District sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Bucks County Herald Foundation ($594k), Friends of John Coltrane ($594k) and Hungry for Music Inc ($593k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 9.1% of the total. Other salaries and wages came to $231k. At year end it held assets of $223k against liabilities of $109k, net assets of $114k. It reported 19 employees.