Aquinnah Cultural Center Inc

Analysis

Aquinnah Cultural Center Inc is a registered charity in United States, based in Aquinnah, MA. It received its IRS tax-exemption ruling in January 1998, 28 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Aquinnah Cultural Center Inc reported income of $435k and spending of $170k, leaving 61% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $219k to $435k (+98%), an average of +98% a year. The sharpest change came in the year to September 2023, when income rose by 98%. Over the whole period it spent 44% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aquinnah Cultural Center Inc 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 69th percentile within MA. Charities of a similar size with the same main cause include Pat Conroy Literary Center Inc ($435k), Landmark Trust USA Inc ($435k) and Lakeville City Ballet ($435k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $81k. At year end it held assets of $530k against liabilities of $3,071, net assets of $527k.