Drag Queen Story Hour NYC Ltd

Analysis

Drag Queen Story Hour NYC Ltd is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Drag Queen Story Hour NYC Ltd reported income of $316k and spending of $297k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $218k to $316k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Drag Queen Story Hour NYC Ltd sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Willows Park Preserve ($316k), Arts Foundation Federal Way ($316k) and Keys Corp ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $104k (35% of expenses). Other salaries and wages came to $42k. At year end it held assets of $131k against liabilities of $44k, net assets of $87k. It reported 4 employees.