Montez Press Arts

Analysis

Montez Press Arts is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 2023, 3 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, Montez Press Arts reported income of $364k and spending of $347k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $426k to $364k (-15%), an average of -14% a year. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Montez Press Arts sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Bay Area Country Dance Society Inc ($364k), Helen Hayes Youth Theatre Inc ($364k) and Black Lives Matter Paterson ($364k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $33k (9.5% of expenses). Other salaries and wages came to $33k. At year end it held assets of $221k against liabilities of $107k, net assets of $115k. It reported 2 employees.