Classical Association of Connecticut Inc

Analysis

Classical Association of Connecticut Inc is a registered charity in United States, based in South Windsor, CT. It received its IRS tax-exemption ruling in March 1987, 39 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 July 2023, Classical Association of Connecticut Inc reported income of $64k and spending of $66k, spending 105% of its income. Across the 2 years on record, from July 2022 to July 2023, income grew from $49k to $64k (+30%), an average of +30% a year. The sharpest change came in the year to July 2023, when income rose by 30%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Classical Association of Connecticut Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within CT. Charities of a similar size with the same main cause include Noontime Concerts ($64k), Lees Summit Historical Society ($64k) and The Miracle Foundation of Arts & Academics Inc ($64k).

On its Form 990-EZ for the period ending July 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.