New York Chinese Opera Society Inc

Analysis

New York Chinese Opera Society Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2007, 19 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 June 2023, New York Chinese Opera Society Inc reported income of $234k and spending of $196k, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $452k to $234k (-48%), an average of -15% a year. The sharpest change came in the year to June 2023, when income rose by 77%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New York Chinese Opera Society Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Pulaski Co Historical Society Inc ($234k), Gig Harbor Now ($234k) and Indian Business Association Inc ($234k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $16k (8.4% of expenses). Other salaries and wages came to $37k. At year end it held assets of $250k against liabilities of $16k, net assets of $234k. It reported 18 employees.