Contact Arts

Analysis

Contact Arts is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in October 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Contact Arts reported income of $152k and spending of $146k, spending 96% of its income. Across the 4 years on record, from December 2017 to December 2022, income fell from $272k to $152k (-44%), an average of -18% a year. The sharpest change came in the year to December 2018, when income dropped by 25%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Contact Arts sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Community Theatre Inc ($152k), Indigenous Roots & Reparation Foundation ($152k) and Mansfield Community Playhouse Inc ($152k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 74% and program service revenue 26% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.