Ithaca Suzuki Institute Inc

Analysis

Ithaca Suzuki Institute Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in June 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 July 2024, Ithaca Suzuki Institute Inc reported income of $71k and spending of $77k, spending 108% of what it took in. Across the 3 years on record, from July 2022 to July 2024, income fell from $77k to $71k (-8.1%), an average of -4.1% a year. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ithaca Suzuki Institute Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include International Child Art Foundation ($71k), Tea Party Magazine ($71k) and Sweet Adelines International ($71k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 2.9% and program service revenue 92% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.