Institute for Culturalcommunicators Inc
Analysis
Institute for Culturalcommunicators Inc is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in October 2009, 17 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 December 2023, Institute for Culturalcommunicators Inc reported income of $476k and spending of $453k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $634k to $476k (-25%), an average of -6.9% a year. The sharpest change came in the year to December 2020, when income dropped by 28%. Over the whole period it spent 98% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for Culturalcommunicators Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within TN. Charities of a similar size with the same main cause include International Protective Security Board Inc ($476k), Theo Christian Solution Inc ($477k) and New Jerusalem Academy ($476k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $100k (22% of expenses). At year end it held assets of $50k against liabilities of $48k, net assets of $2,492. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 35%
- Program services 64%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| International Protective Security Board Inc | Orlando | $476k |
| Theo Christian Solution Inc | Plano | $477k |
| New Jerusalem Academy | Kissimmee | $476k |
| Deerstream Learning Center Inc | Chapel Hill | $477k |