Connect2culture

Analysis

Connect2culture is a registered charity in United States, based in Joplin, MO. It received its IRS tax-exemption ruling in December 2011, 15 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 2023, Connect2culture reported income of $678k and spending of $4.4m, spending 652% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.5m to $678k (-85%), an average of -38% a year. The sharpest change came in the year to June 2022, when income rose by 731%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Connect2culture sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within MO. Charities of a similar size with the same main cause include Pasteur Foundation ($678k), Chicago Filmmakers ($679k) and Opera Montana ($678k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $18k (0.4% of expenses). Other salaries and wages came to $169k. At year end it held assets of $451k against liabilities of $0, net assets of $451k. It reported 5 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.