Cape Cod Modern House Trust Inc

Analysis

Cape Cod Modern House Trust Inc is a registered charity in United States, based in S Wellfleet, MA. It received its IRS tax-exemption ruling in February 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cape Cod Modern House Trust Inc reported income of $781k and spending of $461k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $293k to $781k (+167%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 66% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cape Cod Modern House Trust Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Michigan State Chamber Foundation ($781k), Prairie Lakes Regional Arts Council Inc ($781k) and Off Square Theatre Company ($781k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 26% of the total. Other salaries and wages came to $134k. At year end it held assets of $1.8m against liabilities of $655k, net assets of $1.2m. It reported 2 employees.