Cultural Alliance of Western Connecticut Inc

Analysis

Cultural Alliance of Western Connecticut Inc is a registered charity in United States, based in Danbury, CT. It received its IRS tax-exemption ruling in September 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, Cultural Alliance of Western Connecticut Inc reported income of $174k and spending of $169k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $103k to $174k (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cultural Alliance of Western Connecticut Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within CT. Charities of a similar size with the same main cause include Rockport Little Theater ($174k), Eagles Wings Studio Inc ($174k) and Markeim Art Center Inc ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $76k (45% of expenses). Other salaries and wages came to $3,406. At year end it held assets of $80k against liabilities of $12k, net assets of $68k. It reported 2 employees.