Creative Arts Workshop Inc

Analysis

Creative Arts Workshop Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in October 1964, 62 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 June 2023, Creative Arts Workshop Inc reported income of $672k and spending of $956k, spending 142% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $789k to $672k (-15%), an average of -5.2% a year. The sharpest change came in the year to June 2021, when income dropped by 32%. 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, Creative Arts Workshop Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within CT. Charities of a similar size with the same main cause include Kitchen Theatre Company Inc ($672k), Voices in Contemporary Art ($672k) and Coney Island USA ($672k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $503k (53% of expenses). At year end it held assets of $849k against liabilities of $419k, net assets of $429k. It reported 68 employees.