Christina Cultural Arts Center Inc

Analysis

Christina Cultural Arts Center Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in October 1946, 80 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Christina Cultural Arts Center Inc reported income of $5.0m and spending of $1.7m, leaving 66% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $5.0m (+232%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 245%. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Christina Cultural Arts Center Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within DE. Charities of a similar size with the same main cause include The Brick ($5.0m), Milwaukee Film Inc ($5.0m) and De Cordova and Dana Museum and Park ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $128k (7.5% of expenses). Other salaries and wages came to $573k. At year end it held assets of $6.2m against liabilities of $60k, net assets of $6.2m. It reported 30 employees.