Creative Downtown Appleton Inc

Analysis

Creative Downtown Appleton Inc is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in October 2014, 12 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 December 2023, Creative Downtown Appleton Inc reported income of $102k and spending of $109k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $289k to $102k (-65%), an average of -23% a year. The sharpest change came in the year to December 2021, when income rose by 136%. 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, Creative Downtown Appleton Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within WI. Charities of a similar size with the same main cause include Spirit of the Fourth Inc ($102k), Futurenomic Resources ($102k) and Baltimore County African American Cultural Festival Inc ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $6,000 (5.5% of expenses). Other salaries and wages came to $24k. At year end it held assets of $68k against liabilities of $0, net assets of $68k.