Global Center for Culturalentrepreneurship

Analysis

Global Center for Culturalentrepreneurship is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Global Center for Culturalentrepreneurship reported income of $703k and spending of $845k, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $688k to $703k (+2.2%), an average of +0.5% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Global Center for Culturalentrepreneurship sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within NM. Charities of a similar size with the same main cause include Noahs Ark Daycare and Preschool Inc ($703k), Harbor Historical Association of Georgetown ($703k) and Green Bay Montessori Childrens World ($703k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $99k (12% of expenses). Other salaries and wages came to $115k. At year end it held assets of $504k against liabilities of $79k, net assets of $425k. It reported 4 employees.