Center for Artistry and Scholarship Inc

Analysis

Center for Artistry and Scholarship Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Center for Artistry and Scholarship Inc reported income of $68k and spending of $85k, spending 125% of what it took in. Across the 3 years on record, from June 2020 to June 2022, income fell from $234k to $68k (-71%), an average of -46% a year. The sharpest change came in the year to June 2021, when income rose by 97%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Artistry and Scholarship Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 35th percentile within MA. Charities of a similar size with the same main cause include Frontier PTO Inc ($68k), Warren County Training School-North Warren High School Alumni ($68k) and 2nd Century Invictus Fund Inc ($68k).

On its Form 990-EZ for the period ending June 2022, revenue came from contributions and grants 0.1% and program service revenue 3.7% of the total. At year end it held assets of $100k against liabilities of $82, net assets of $100k.