Contemporaneous

Analysis

Contemporaneous is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Contemporaneous reported income of $229k and spending of $289k, spending 127% of what it took in. Across the 2 years on record, from July 2022 to July 2023, income grew from $200k to $229k (+14%), an average of +14% a year. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Contemporaneous sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include North Carolina Presenters Consortium ($229k), Huntsville Youth Orchestra ($229k) and Laurens County Museum Association ($229k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Other salaries and wages came to $63k. At year end it held assets of $63k against liabilities of $0, net assets of $63k. It reported 6 employees.