Art Yard Bklyn

Analysis

Art Yard Bklyn is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2021, 5 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 June 2023, Art Yard Bklyn reported income of $106k and spending of $93k, spending 88% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $80k to $106k (+33%), an average of +33% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art Yard Bklyn sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Schuykill River Heritage Center Atphoenixville ($106k), St Kieran Community Center for the Arts ($106k) and Gcioba Inc ($106k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 70% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.