Southeastern Connecticut Cultural Coalition

Analysis

Southeastern Connecticut Cultural Coalition is a registered charity in United States, based in New London, CT. It received its IRS tax-exemption ruling in December 2013, 13 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 2024, Southeastern Connecticut Cultural Coalition reported income of $272k and spending of $286k, spending 105% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $499k to $272k (-46%), an average of -26% a year. The sharpest change came in the year to June 2023, when income dropped by 35%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southeastern Connecticut Cultural Coalition sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within CT. Charities of a similar size with the same main cause include Lubovitch Dance Foundation Inc ($272k), Group Repertory Theatre ($272k) and American Chemical Society ($272k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $80k (28% of expenses). Other salaries and wages came to $55k. At year end it held assets of $167k against liabilities of $49k, net assets of $118k. It reported 3 employees.