Society of Cincinnati in the State of Connecticut

Analysis

Society of Cincinnati in the State of Connecticut is a registered charity in United States, based in Greenwich, CT. It received its IRS tax-exemption ruling in November 1942, 84 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 May 2024, Society of Cincinnati in the State of Connecticut reported income of $117k and spending of $129k, spending 110% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income grew from $70k to $117k (+68%), an average of +14% a year. The sharpest change came in the year to May 2022, when income rose by 44%. Over the whole period it spent 127% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Society of Cincinnati in the State of Connecticut sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within CT. Charities of a similar size with the same main cause include Pecos Valley Jazz and Arts Festival ($117k), Reagan High School Dance Boosters ($117k) and Community Arts Network of Oneonta Inc ($117k).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 79% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.