Cultural Center of Cape Cod Inc

Analysis

Cultural Center of Cape Cod Inc is a registered charity in United States, based in S Yarmouth, MA. It received its IRS tax-exemption ruling in May 2001, 25 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 December 2023, Cultural Center of Cape Cod Inc reported income of $1.2m and spending of $1.3m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+3.8%), an average of +0.9% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cultural Center of Cape Cod Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Havre de Grace Colored School Museum and Cultural Center Inc ($1.2m), Indigenous Values Initiative ($1.2m) and Adventure Theatre Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 48% of the total. Other salaries and wages came to $396k. At year end it held assets of $3.4m against liabilities of $101k, net assets of $3.3m. It reported 10 employees.