Beverly S Exhibitions Corp

Analysis

Beverly S Exhibitions Corp is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2022, 4 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 December 2023, Beverly S Exhibitions Corp reported income of $97k and spending of $105k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $237k to $97k (-59%), an average of -59% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Beverly S Exhibitions Corp sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Neshaminy High School Instrumental Music Boosters ($97k), Olney Childrens Ballet Theater Incorporated ($97k) and Behre Piano Associates Inc Adamant Music School ($97k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $6,100 (5.8% of expenses). Other salaries and wages came to $2,400. At year end it held assets of $24k against liabilities of $0, net assets of $24k.