Rowayton Arts Center Inc

Analysis

Rowayton Arts Center Inc is a registered charity in United States, based in Rowayton, CT. It received its IRS tax-exemption ruling in November 1962, 64 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, Rowayton Arts Center Inc reported income of $357k and spending of $363k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $323k to $357k (+11%), an average of +2.6% a year. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rowayton Arts Center Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within CT. Charities of a similar size with the same main cause include The Miami Center for Racial Justice Inc ($357k), Elijah House Inc ($357k) and Global Village Museum of Arts and Cultures ($357k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 78% of the total. Other salaries and wages came to $84k. At year end it held assets of $932k against liabilities of $8,703, net assets of $924k. It reported 2 employees.