Centralia Cultural Society

Analysis

Centralia Cultural Society is a registered charity in United States, based in Centralia, IL. It received its IRS tax-exemption ruling in February 1975, 51 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 2024, Centralia Cultural Society reported income of $164k and spending of $156k, spending 95% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $134k to $164k (+22%), an average of +5.0% a year. The sharpest change came in the year to August 2022, when income rose by 49%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Centralia Cultural Society sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within IL. Charities of a similar size with the same main cause include Joshuas Stage ($164k), Groupmuse Foundation Inc ($164k) and Santa Rosa Band of Lower Muscogee Inc ($164k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 51% and program service revenue 43% of the total. Other salaries and wages came to $41k. At year end it held assets of $1.1m against liabilities of $202k, net assets of $865k. It reported 2 employees.