The Cavaliers Ap&e Inc

Analysis

The Cavaliers Ap&e Inc is a registered charity in United States, based in Rosemont, IL. It received its IRS tax-exemption ruling in September 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 September 2023, The Cavaliers Ap&e Inc reported income of $2.5m and spending of $2.6m, spending 103% of its income. Across the 4 years on record, from September 2019 to September 2023, income grew from $1.7m to $2.5m (+43%), an average of +13% a year. The sharpest change came in the year to September 2023, when income rose by 20%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Cavaliers Ap&e Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include National Scholastic Press Association ($2.5m), Memphis Rock-N-Soul Inc ($2.5m) and Philadelphia Chamber Music Society ($2.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 24% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $72k (2.8% of expenses). Other salaries and wages came to $228k. At year end it held assets of $985k against liabilities of $132k, net assets of $853k. It reported 16 employees.