Womens Art Center of the Hamptons Inc

Analysis

Womens Art Center of the Hamptons Inc is a registered charity in United States, based in East Hampton, 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Womens Art Center of the Hamptons Inc reported income of $384k and spending of $322k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $202k to $384k (+91%), an average of +90% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Womens Art Center of the Hamptons Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Minorities in Cybersecurity Inc ($384k), Arc Dance Productions ($384k) and Maverick Concerts Inc ($384k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 8.4% of the total. Compensation of current officers, directors and key employees was $118k (37% of expenses). Other salaries and wages came to $71k. At year end it held assets of $161k against liabilities of $32k, net assets of $129k. It reported 2 employees.