Crested Butte Society Inc

Analysis

Crested Butte Society Inc is a registered charity in United States, based in Crested Butte, CO. It received its IRS tax-exemption ruling in July 1973, 53 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 September 2023, Crested Butte Society Inc reported income of $202k and spending of $195k, spending 97% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $288k to $202k (-30%), an average of -30% a year. The sharpest change came in the year to September 2023, when income dropped by 30%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Crested Butte Society 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 54th percentile, and in the 51st percentile within CO. Charities of a similar size with the same main cause include Religion News Association ($202k), House of Afros Capes & Curls ($202k) and Shabach Enterprise ($202k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Other salaries and wages came to $50k. At year end it held assets of $202k against liabilities of $82k, net assets of $119k. It reported 2 employees.