Costume Connection

Analysis

Costume Connection is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in September 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Costume Connection reported income of $192k and spending of $190k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $167k to $192k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Costume Connection sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within AZ. Charities of a similar size with the same main cause include Grand Junction Symphony Foundation Inc ($192k), Old Kia Kima Preservation Association Inc ($192k) and Theatre Arts Guild ($192k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $33k against liabilities of $89k, net assets of -$56k.