Queen Creek Cultural Foundation Inc

Analysis

Queen Creek Cultural Foundation Inc is a registered charity in United States, based in Queen Creek, AZ. It received its IRS tax-exemption ruling in August 2009, 17 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 June 2024, Queen Creek Cultural Foundation Inc reported income of $1.0m and spending of $644k, leaving 36% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $526k to $1.0m (+91%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 55%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Queen Creek Cultural Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within AZ. Charities of a similar size with the same main cause include Editorial Council of Journal of Prosthetic Dentistry Inc ($1.0m), Tampa Bay Blues Foundation Inc ($1.0m) and Chinese American Museum Foundation ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $24k (3.7% of expenses). Other salaries and wages came to $8,628. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 2 employees.