The Center for Cartoon Studies Inc

Analysis

The Center for Cartoon Studies Inc is a registered charity in United States, based in White Riv JCT, VT. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Center for Cartoon Studies Inc reported income of $1.2m and spending of $1.2m, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $974k to $1.2m (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Center for Cartoon Studies Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within VT. Charities of a similar size with the same main cause include Libertas Classical Association ($1.2m), Cypress High School Athletic Boosters Club ($1.2m) and Friends of Tiferet Tzion Inc ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $232k (19% of expenses). Other salaries and wages came to $219k. At year end it held assets of $2.7m against liabilities of $260k, net assets of $2.5m. It reported 12 employees.