Center for Exploratory and Perceptual Arts Inc

Analysis

Center for Exploratory and Perceptual Arts Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in April 1975, 51 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 June 2023, Center for Exploratory and Perceptual Arts Inc reported income of $409k and spending of $382k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $581k to $409k (-30%), an average of -8.4% a year. The sharpest change came in the year to June 2023, when income dropped by 25%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Center for Exploratory and Perceptual Arts Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Christian Youth Theater Santa Cruz ($409k), Tidewater Arts Outreach ($409k) and Mount Jackson Museum Foundation Inc ($409k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $46k (12% of expenses). Other salaries and wages came to $147k. At year end it held assets of $551k against liabilities of $113k, net assets of $438k. It reported 18 employees.