Creative Cauldron Inc

Analysis

Creative Cauldron Inc is a registered charity in United States, based in Falls Church, VA. It received its IRS tax-exemption ruling in June 2003, 23 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, Creative Cauldron Inc reported income of $980k and spending of $990k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $717k to $980k (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Creative Cauldron 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 79th percentile within VA. Charities of a similar size with the same main cause include Puget Sound Sage ($980k), Silence the Shame Inc ($980k) and Pabst Mansion Inc ($979k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $108k (11% of expenses). Other salaries and wages came to $413k. At year end it held assets of $1.4m against liabilities of $1.2m, net assets of $209k. It reported 60 employees.