Intercultural Community Center

Analysis

Intercultural Community Center is a registered charity in United States, based in Westbrook, ME. It received its IRS tax-exemption ruling in April 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 December 2023, Intercultural Community Center reported income of $518k and spending of $559k, spending 108% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $307k to $518k (+69%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 101%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Intercultural Community Center sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within ME. Charities of a similar size with the same main cause include Band of Angels Corp ($518k), Institute for Public Accuracy ($518k) and Tannery World Dance & Cultural Center ($518k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $92k (16% of expenses). Other salaries and wages came to $226k. At year end it held assets of $508k against liabilities of $49k, net assets of $458k. It reported 17 employees.