Academy at Syracuse Studios Inc

Analysis

Academy at Syracuse Studios Inc is a registered charity in United States, based in Liverpool, NY. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Academy at Syracuse Studios Inc reported income of $332k and spending of $127k, leaving 62% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $105k to $332k (+216%), an average of +216% a year. The sharpest change came in the year to December 2023, when income rose by 216%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academy at Syracuse Studios Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include St Nicholas Academy ($332k), Friends of Gantry Plaza State Park Inc ($332k) and Black and Silver Brigade Band Boosters Inc ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $308k against liabilities of $105k, net assets of $203k.