Oneida Lake Arts and Heritage Center

Analysis

Oneida Lake Arts and Heritage Center is a registered charity in United States, based in East Syracuse, NY. It received its IRS tax-exemption ruling in September 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, Oneida Lake Arts and Heritage Center reported income of $60k and spending of $69k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $60k (-6.3%), an average of -6.3% a year. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oneida Lake Arts and Heritage Center sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include McDade Historical Society ($60k), Dix Hills Chinese Cultural Association Inc ($60k) and Leah Stein Dance Company ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. At year end it held assets of $1 against liabilities of $8,380, net assets of -$8,379.