Center for Advanced Studies in Business Inc

Analysis

Center for Advanced Studies in Business Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in May 1975, 51 years ago. 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 Advanced Studies in Business Inc reported income of $8.4m and spending of $7.8m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $14.1m to $8.4m (-40%), an average of -12% a year. The sharpest change came in the year to June 2022, when income rose by 106%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Advanced Studies in Business Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WI. Charities of a similar size with the same main cause include Environmental Law Alliance Worldwide ($8.4m), Mra Institute of Management Inc ($8.4m) and Bayview Hunters Point Multipurpose Senior Services Inc ($8.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.2% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $428k (5.5% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $5.0m against liabilities of $1.7m, net assets of $3.3m. It reported 30 employees.