Colorscape Cheango Arts Festival Inc

Analysis

Colorscape Cheango Arts Festival Inc is a registered charity in United States, based in Norwich, NY. It received its IRS tax-exemption ruling in May 2000, 26 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 December 2023, Colorscape Cheango Arts Festival Inc reported income of $148k and spending of $145k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $138k to $148k (+7.2%), an average of +7.2% a year. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Colorscape Cheango Arts Festival Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Bowery Arts & Science Ltd ($148k), Single Event Effects Symposium ($148k) and Iranian Association of Boston Inc ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 19% of the total. At year end it held assets of $54k against liabilities of $54k, net assets of $0.