Glyndebourne America Inc

Analysis

Glyndebourne America Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 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, Glyndebourne America Inc reported income of $479k and spending of $651k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $295k to $479k (+62%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 237%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Glyndebourne America Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Blackstone River Valley National Heritage Corridor Inc ($479k), Region 2 Arts Council ($479k) and Golden Performing Arts Center a California Nonprofit Benefit Corp ($479k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 108% of the total. Compensation of current officers, directors and key employees was $35k (5.4% of expenses). At year end it held assets of $389k against liabilities of $0, net assets of $389k.