Collaborative Solutions Institute Inc

Analysis

Collaborative Solutions Institute Inc is a registered charity in United States, based in Bloomington, IL. It received its IRS tax-exemption ruling in July 1994, 32 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 June 2024, Collaborative Solutions Institute Inc reported income of $61k and spending of $94k, spending 153% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $81k to $61k (-25%), an average of -6.8% a year. The sharpest change came in the year to June 2021, when income rose by 63%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Collaborative Solutions Institute Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within IL. Charities of a similar size with the same main cause include Georgetown County Historical Society ($61k), Denver and Rio Grande Railway Historical Foundation ($61k) and Bands of the Villages Inc ($61k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $55k. At year end it held assets of $20k against liabilities of $9,023, net assets of $11k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.