Chocolate Church Arts Center

Analysis

Chocolate Church Arts Center is a registered charity in United States, based in Bath, ME. It received its IRS tax-exemption ruling in June 1977, 49 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Chocolate Church Arts Center reported income of $435k and spending of $357k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $280k to $435k (+55%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 125%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chocolate Church Arts Center sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within ME. Charities of a similar size with the same main cause include New England Carousel Museum Inc ($435k), CCCD Foundation ($435k) and New Harmony Project Inc ($434k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $51k (14% of expenses). At year end it held assets of $608k against liabilities of $4,677, net assets of $603k. It reported 6 employees.