Nylaughs Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
Performing Arts Cultural Organization Our mission is to enrich lives, cultivate community and foster a healthier and happier society via laughter while deepening an appreciation of the stand-up comedy as as unique NY cultural asset. We do so by presenting free comedy performances with leading artists in public spaces such as parks, museums, libraries and cultural institutions.
- Income
- $92,455
- Spending
- $109,453
- Reserves
- 0.5 months of spending
- Largest source of income
- donations and private grants, 57%
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 9 out of 100. Higher than 3% of charities in its peer group (human services, under $250k).
Reserves
4 of 35Spendable reserves would cover 0.5 months of spending.
Debt
2 of 20It owes 89% of what it owns.
Living within its means
0 of 15Spending exceeded income by 18% of income.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (6)
- $6,890 spent. 3 shows - Laughter in the Park 2024 - Show #1, 2 and 3 Jan 17, Jan 24 and Jan 31 @ The Lodge in Bryant Park - Discretionary Funding from District 3 and DCLA
- $1,231 spent. 1 show - Laughter in the City 2024 - Mar 5 - St. Patrick's Day Celebration
- $33,636 spent. 10 shows - Laughter at Lincoln Center Show #1 - 8, Damrosch Park, Rubenstein Atrium - Discretionary Funding Award from CM Brewer
- $44,277 spent. 5 shows in one day festival - Silent Stand Up Comedy Festival @ Pier57 - 5 shows all day long
- $2,601 spent. 1 show - Laughter in Battery Park City for Women's History Month
- $880 spent. Additional Marketing - Social Media Support and Talent Management
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2009.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.