Virginia Center for the Creativearts Abroad Inc

Analysis

Virginia Center for the Creativearts Abroad Inc is a registered charity in United States, based in Amherst, VA. It received its IRS tax-exemption ruling in June 2006, 20 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Virginia Center for the Creativearts Abroad Inc reported income of $207k and spending of $225k, spending 108% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $245k to $207k (-15%), an average of -3.3% a year. The sharpest change came in the year to June 2022, when income rose by 176%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Virginia Center for the Creativearts Abroad Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Japanese Cultural Center Tea House & Gardens of Saginaw Inc ($207k), Bach Dancing & Dynamite Society of Wisconsin Inc ($207k) and Lucky Plush Productions ($207k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 34% and program service revenue 40% of the total. Other salaries and wages came to $95k. At year end it held assets of $1.3m against liabilities of $14k, net assets of $1.3m.