Memorial Hall Cultural & Arts Center Inc is a 501(c)(3) organization based in Gloversville, New York, registered in 2022, with $422,679 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$423K
▲ 1768.3% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$31K
Net assets
$404K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Memorial Hall Cultural & Arts Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Memorial Hall Cultural & Arts Center Inc: 157 mo reserves · +93% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Memorial Hall Cultural & Arts Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Memorial Hall Cultural & Arts Center Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $16K (FY2022) to $423K (FY2024) across 3 reported years.
Financial snapshot
Operating margin
92.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$404K
Total liabilities
$0
Net assets
$404K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $422,679▲1768% | $30,905▲75.3% | $404,156▲3168% | $404,156▲3168% | 990 |
| 2023 | $22,624▲46.0% | $17,627▲117% | $12,366▲67.8% | $12,366▼19.4% | 990EZ |
| 2022 | $15,500 | $8,131 | $7,369 | $15,346 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to Memorial Hall Cultural & Arts Center Inc totaling $50K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $50,000 |
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Data for Memorial Hall Cultural & Arts Center Inc (EIN 88-1687358) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.