Curtain Up Enterprises Inc

Analysis

Curtain Up Enterprises Inc is a registered charity in United States, based in Skowhegan, ME. It received its IRS tax-exemption ruling in December 1986, 40 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 September 2023, Curtain Up Enterprises Inc reported income of $512k and spending of $485k, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $413k to $512k (+24%), an average of +5.5% a year. The sharpest change came in the year to September 2021, when income rose by 87%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Curtain Up Enterprises Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within ME. Charities of a similar size with the same main cause include Auburn Symphony ($512k), George a Spiva Center for the Arts ($512k) and Ukrainian National Museum ($512k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 16% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $20k (4.1% of expenses). Other salaries and wages came to $194k. At year end it held assets of $491k against liabilities of $127k, net assets of $364k. It reported 33 employees.