Center for Cultural Preservation Inc

Analysis

Center for Cultural Preservation Inc is a registered charity in United States, based in Flat Rock, NC. It received its IRS tax-exemption ruling in February 2010, 16 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, Center for Cultural Preservation Inc reported income of $69k and spending of $76k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $69k (+8.3%), an average of +8.3% a year. Over the whole period it spent 126% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Center for Cultural Preservation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within NC. Charities of a similar size with the same main cause include Wade Dance Inc ($69k), Brookhaven Town Volunteer Firefighters Museum Truck Committe ($69k) and Triad Pride Performing Arts ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 16% of the total. At year end it held assets of $714 against liabilities of $0, net assets of $714.