Coterie Inc

Analysis

Coterie Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in December 1979, 47 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 August 2023, Coterie Inc reported income of $1.6m and spending of $1.7m, spending 104% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.5m to $1.6m (+9.1%), an average of +2.2% a year. The sharpest change came in the year to August 2023, when income rose by 44%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Coterie Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within MO. Charities of a similar size with the same main cause include Washington Music Educators Association ($1.6m), International Studio & Curatorialprogram Inc ($1.6m) and Imaginarium Group Inc ($1.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 50% and program service revenue 47% of the total. Other salaries and wages came to $727k. At year end it held assets of $601k against liabilities of $76k, net assets of $524k. It reported 48 employees.