Cityspace Inc

Analysis

Cityspace Inc is a registered charity in United States, based in Easthampton, MA. It received its IRS tax-exemption ruling in December 2008, 18 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 December 2023, Cityspace Inc reported income of $468k and spending of $156k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $345k to $468k (+35%), an average of +7.9% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 32% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cityspace Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Jewish History Museum ($468k), Hennepin History Museum ($468k) and Bach Dancing & Dynamite Society Inc ($468k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 5.5% of the total. At year end it held assets of $2.8m against liabilities of $637, net assets of $2.8m.