Mas House & Bipoc Art Studio Inc

Analysis

Mas House & Bipoc Art Studio Inc is a registered charity in United States, based in Southampton, NY. It received its IRS tax-exemption ruling in October 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 December 2023, Mas House & Bipoc Art Studio Inc reported income of $139k and spending of $39k, leaving 72% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $162k to $139k (-14%), an average of -14% a year. Over the whole period it spent 19% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mas House & Bipoc Art Studio Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Dhwani Academy of Percussion Music in the United States ($139k), Clinton County Historical Society ($139k) and Del Norte Association for Cultural ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $304k against liabilities of $0, net assets of $304k.