IFETAYO CULTURAL ARTS ACADEMY INC
BROOKLYN,
New York,
11225
EIN: 11-3027538
Arts, Culture and Humanities
DEMOGRAPHIC
ADDRESS
1561 BEDFORD AVE 2ND FLOOR
11225
COUNTY
kings county, NY
ORGANIZATIONAL OVERVIEW & RANKINGS
IFETAYO CULTURAL ARTS ACADEMY INC is a based in BROOKLYN, NY, focused on Arts, Culture and Humanities causes . Established in June 1992, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $3,616,718.00, this ranks 109,301 among 2,656,690 nonprofits nationally (Top 5%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 10,195 out of 159,053 organizations in NY (Top 7%).
In kings county, NY, the organization ranks 709 out of 18,995 nonprofits by assets (Top 4%), while locally in brooklyn, it stands at 708 among 18,866 organizations (Top 4%).
The organization reported annual revenue of $1,129,926.00, ranking 117,781 nationally (Top 5%) and 10,041 in NY (Top 7%).
Within its specific NTEE classification (A200 - A: Arts, Culture and Humanities), which includes 608 similar organizations, IFETAYO CULTURAL ARTS ACADEMY INC ranks 76 in assets (Top 12%) and 117 in revenue (Top 19%).
The organization files a 990 (all other) or 990EZ return and operates on a July fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Other instruction and training
Cultural performances
School college trade school etc
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
N/A
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
08/2023
ACCOUNTING PERIOD
08
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$1,129,926.00
FORM 990 REVENUE AMOUNT
$1,129,926.00
RULING DATE
06/1992
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$3,616,718.00
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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