Edge and Center Inc

Analysis

Edge and Center Inc is a registered charity in United States, based in Sag Harbor, NY. It received its IRS tax-exemption ruling in June 2020, 6 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, Edge and Center Inc reported income of $1.6m and spending of $1.5m, spending 94% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $299k to $1.6m (+424%), an average of +74% a year. The sharpest change came in the year to December 2021, when income rose by 353%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Edge and Center Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include The Flagship Niagara League ($1.6m), Golden Spike Foundation ($1.6m) and Lyric Arts Company of Anoka Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 17% of the total. Other salaries and wages came to $578k. At year end it held assets of $1.0m against liabilities of $42k, net assets of $1.0m. It reported 11 employees.