Creative Arts Repertoire Ensemble Inc

Analysis

Creative Arts Repertoire Ensemble Inc is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in January 2001, 25 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, Creative Arts Repertoire Ensemble Inc reported income of $195k and spending of $209k, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $207k to $195k (-5.7%), an average of -1.4% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 102% 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 Arts Repertoire Ensemble Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Tampa Bay Triple Threat Theatre ($195k), Stecher and Horowitz Foundation ($195k) and Ghostlight Productions Inc ($195k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 81% of the total. Other salaries and wages came to $51k. At year end it held assets of $30k against liabilities of $5,264, net assets of $25k. It reported 4 employees.