Moca CT Inc

Analysis

Moca CT Inc is a registered charity in United States, based in Westport, CT. It received its IRS tax-exemption ruling in May 1974, 52 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 2024, Moca CT Inc reported income of $1.2m and spending of $1.5m, spending 131% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.3m to $1.2m (-8.3%), an average of -1.7% a year. The sharpest change came in the year to June 2021, when income rose by 162%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Moca CT 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 79th percentile within CT. Charities of a similar size with the same main cause include Space Gallery ($1.2m), Native American Journalists Association ($1.2m) and The Shumla School Inc ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 56% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $674k (44% of expenses). At year end it held assets of $5.7m against liabilities of $2.2m, net assets of $3.5m. It reported 10 employees.