DEMOGRAPHIC
ADDRESS
25 MONROE ST STE 205
12210
COUNTY
albany county, NY
ORGANIZATIONAL OVERVIEW & RANKINGS
ART & UNDERSTANDING INC is a based in ALBANY, NY, focused on Arts, Culture and Humanities causes , specifically Arts, Culture, and Humanities N.E.C.. Established in June 1993, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $118,724.00, this ranks 473,814 among 2,656,690 nonprofits nationally (Top 18%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 37,113 out of 159,053 organizations in NY (Top 24%).
In albany county, NY, the organization ranks 1,140 out of 3,892 nonprofits by assets (Top 30%), while locally in albany, it stands at 857 among 2,574 organizations (Top 33%).
The organization reported annual revenue of $768,395.00, ranking 145,555 nationally (Top 6%) and 12,157 in NY (Top 8%).
Within its specific NTEE classification (A99 - A: Arts, Culture and Humanities), which includes 5,138 similar organizations, ART & UNDERSTANDING INC ranks 516 in assets (Top 10%) and 120 in revenue (Top 3%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 .
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Described in section 170 b 1 a vi of the Code
Literary activities
Other instruction and training
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
A99: Arts, Culture, and Humanities N.E.C.
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Monday, May 15, 2023;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
12/2019
ACCOUNTING PERIOD
12
INCOME CODE
5: $500,000 to $999,999
INCOME AMOUNT
$768,395.00
FORM 990 REVENUE AMOUNT
$768,395.00
RULING DATE
06/1993
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$118,724.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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