Cultural Heritage Finance Alliance Inc

Analysis

Cultural Heritage Finance Alliance Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 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 (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, Cultural Heritage Finance Alliance Inc reported income of $134k and spending of $27k, leaving 80% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $28k to $134k (+373%), an average of +373% a year. The sharpest change came in the year to December 2023, when income rose by 373%. Over the whole period it spent 34% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cultural Heritage Finance Alliance Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include En Taiko ($134k), Casper Childrens Theatre Inc ($134k) and Essex Youth Theater Inc ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $195k against liabilities of $163k, net assets of $32k.