Center for Contemporary Printmaking Inc

Analysis

Center for Contemporary Printmaking Inc is a registered charity in United States, based in Norwalk, CT. It received its IRS tax-exemption ruling in November 1995, 31 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 December 2023, Center for Contemporary Printmaking Inc reported income of $525k and spending of $499k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $471k to $525k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2023, when income rose by 123%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Center for Contemporary Printmaking Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within CT. Charities of a similar size with the same main cause include Council on Technology & Society ($525k), Springfield Preservation and Revitalization Council Inc ($525k) and Da Camera Endowment Fund Inc ($525k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $72k (14% of expenses). Other salaries and wages came to $200k. At year end it held assets of $1.7m against liabilities of $26k, net assets of $1.7m. It reported 8 employees.