Sato Lectures Ltd

Analysis

Sato Lectures Ltd is a registered charity in United States, based in Roslyn HTS, NY. It received its IRS tax-exemption ruling in August 2019, 7 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, Sato Lectures Ltd reported income of $120k and spending of $159k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $105k to $120k (+15%), an average of +15% a year. Over the whole period it spent 136% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sato Lectures Ltd sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Studio of Dance and Arts Inc ($120k), Henryk Sienkiewicz Educational Society Inc ($120k) and Artes Vocales Inc ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. At year end it held assets of $23k against liabilities of $68k, net assets of -$45k.