The Millay Colony For the Arts Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
The Millay Colony For the Arts Inc is a 501(c)(3) organization based in Austerlitz, New York, registered in 1974, with $502,895 in FY2024 revenue. CharityIndex grades it B.
454 East Hill Rd, Austerlitz, NY, 12017 EIN 14-1556850 Since 1974
Revenue (FY2024)
$503K
▲ 73.1% vs prior year
Expenses (FY2024)
$451K
Net assets
$636K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
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 The Millay Colony For the Arts Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating17 mo reserves · +10% margin
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 The Millay Colony For the Arts Inc: 17 mo reserves · +10% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 The Millay Colony For the Arts Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 The Millay Colony For the Arts Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 454 East Hill Rd, Austerlitz, NY, 12017
- City
- Austerlitz
- State
- New York
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $241K (FY2013) to $503K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $175KNet assets $636K
Operating margin
10.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$811K
Total liabilities
$175K
Net assets
$636K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $502,895▲73.1% | $451,205▲5.0% | $636,382▲12.2% | $811,153▲14.2% | 990 |
| 2023 | $290,507▲26.5% | $429,788▲33.1% | $567,033▼16.4% | $710,286▼15.3% | 990 |
| 2022 | $229,629▼31.2% | $322,944▲2.8% | $678,329▼19.8% | $838,115▼14.9% | 990 |
| 2021 | $333,807▲55.6% | $314,103▲43.0% | $846,164▲6.8% | $984,327▲6.1% | 990 |
| 2020 | $214,546▼10.3% | $219,625▼14.8% | $792,622▲5.4% | $928,095▲19.6% | 990 |
| 2019 | $239,200▲11.9% | $257,845▼22.4% | $751,730▼2.4% | $775,908▼1.2% | 990 |
| 2018 | $213,841▼31.0% | $332,346▼9.7% | $770,375▼13.0% | $785,606▼13.5% | 990 |
| 2017 | $309,842▲22.3% | $367,959▲16.8% | $885,568▼0.9% | $907,709▼0.8% | 990 |
| 2016 | $253,347▲12.6% | $314,906▲3.8% | $893,328▼5.2% | $914,900▼4.7% | 990 |
| 2015 | $225,028▲15.0% | $303,436▲0.2% | $942,702▼9.3% | $959,860▼8.6% | 990 |
| 2014 | $195,707▼18.6% | $302,973▲1.2% | $1,039,677▼10.7% | $1,049,896▼12.0% | 990 |
| 2013 | $240,566 | $299,425▼0.1% | $1,163,736▼2.7% | $1,192,916▼1.9% | 990 |
| 2012 | — | $299,674▲1.9% | $1,196,033▼4.6% | $1,215,675▼4.9% | 990 |
| 2011 | — | $293,966▲5.7% | $1,253,435▼14.7% | $1,278,111▼14.4% | 990 |
| 2010 | — | $278,044 | $1,469,948 | $1,493,120 | 990 |
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.
Grants received · $53K total
6 grants to The Millay Colony For the Arts Inc totaling $53K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $15,000 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $5,450 |
| The Chicago Community Trust | Support for end of year appeal, support for fall fundraiser (no tickets or tangible benefits) | 2022 | $6,000 |
| Network For Good Inc | Unrestricted | 2020 | $5,174 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2016 | $10,995 |
Frequently asked questions
- Is The Millay Colony For the Arts Inc a legitimate nonprofit?
- Yes. The Millay Colony For the Arts Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 14-1556850, based in Austerlitz, New York. Donations are tax-deductible.
- What is The Millay Colony For the Arts Inc's EIN?
- The Millay Colony For the Arts Inc's Employer Identification Number (EIN) is 14-1556850.
- How much revenue does The Millay Colony For the Arts Inc report?
- The Millay Colony For the Arts Inc reported $502,895 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The Millay Colony For the Arts Inc have?
- CharityIndex grades The Millay Colony For the Arts Inc B, based on financial health (reserves and operating margin).
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Data for The Millay Colony For the Arts Inc (EIN 14-1556850) 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.