The Center for Cultural Power

Analysis

The Center for Cultural Power is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, The Center for Cultural Power reported income of $6.1m and spending of $14.8m, spending 243% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.7m to $6.1m (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2021, when income rose by 224%. Over the whole period it spent 77% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Center for Cultural Power sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include A J Fletcher Foundation ($6.1m), Northwest North Carolina Community Foundation ($6.1m) and Flying T Nil Inc ($6.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $404k (2.7% of expenses). Other salaries and wages came to $4.8m. It paid $28k in professional fundraising fees. At year end it held assets of $13.0m against liabilities of $738k, net assets of $12.2m. It reported 56 employees.