First Hungarian Literary Society Incorporated

Organization Overview

First Hungarian Literary Society Incorporated is located in New York, NY. The organization was established in 1996. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Hungarian Literary Society Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, First Hungarian Literary Society Incorporated generated $173.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $180.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO FOSTER CULTURE, TO CULTIVATE LITERATURE, THE ARTS AND SCIENCES OF HUNGARY THROUGH MEETINGS, CONFERENCES AND SIMILAR ACTIVITIES.

Describe the Organization's Program Activity:

EDUCATIONAL LECTURES AS WELL AS VIDEOS AND CONCERTS RELATED TO THE HISTORY OF HUNGARY, AS WELL AS HUNGARIAN CURRENT LIFE, FOLK MUSIC AND POETRY.


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Board, Officers & Key Employees

Name (title)Compensation
Fred Levine
Treasurer
$0
Karl Bardosh
President
$0
Juliet Gluck
CFO
$0
Agnes Chese
Trustee
$0
David Gluck
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $170,871
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $2,293
Miscellaneous Revenue$0
Total Revenue $173,164

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