Conservation Center for Art and Historic Artifacts

Analysis

Conservation Center for Art and Historic Artifacts is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 1977, 49 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, Conservation Center for Art and Historic Artifacts reported income of $3.2m and spending of $3.8m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $3.2m (+19%), an average of +4.4% a year. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Conservation Center for Art and Historic Artifacts sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include The New Press Inc ($3.2m), Capital & Main ($3.2m) and Duluth & North Shore Railway Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $155k (4.1% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $4.0m against liabilities of $1.2m, net assets of $2.8m. It reported 41 employees.