Encore Creativity Corporation Encore Creativity for Older Adults

Analysis

Encore Creativity Corporation Encore Creativity for Older Adults is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 2014, 12 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 August 2023, Encore Creativity Corporation Encore Creativity for Older Adults reported income of $1.8m and spending of $1.3m, leaving 25% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.4m to $1.8m (+25%), an average of +5.7% a year. The sharpest change came in the year to August 2023, when income rose by 53%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Encore Creativity Corporation Encore Creativity for Older Adults sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 64th percentile within DC. Charities of a similar size with the same main cause include Long Beach Opera ($1.8m), Cape Cod Museum of Natural History Inc ($1.8m) and Northern California Educational Television Assn Inc ($1.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $252k (19% of expenses). Other salaries and wages came to $164k. At year end it held assets of $1.5m against liabilities of $519k, net assets of $937k. It reported 9 employees.