Cedarburg Cultural Center Inc

Analysis

Cedarburg Cultural Center Inc is a registered charity in United States, based in Cedarburg, WI. It received its IRS tax-exemption ruling in December 1986, 40 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 May 2024, Cedarburg Cultural Center Inc reported income of $577k and spending of $577k, spending 100% of its income. Across the 5 years on record, from May 2020 to May 2024, income fell from $601k to $577k (-4.0%), an average of -1.0% a year. The sharpest change came in the year to May 2022, when income rose by 39%. 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, Cedarburg Cultural Center Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within WI. Charities of a similar size with the same main cause include Inquirefirst ($577k), National Society of the Daughters of the American Revolution ($577k) and Eudora Welty Foundation Inc ($577k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 32% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $84k (15% of expenses). Other salaries and wages came to $235k. At year end it held assets of $1.7m against liabilities of $61k, net assets of $1.6m. It reported 16 employees.