Cumberland Choral Arts

Analysis

Cumberland Choral Arts is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in March 1994, 32 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 June 2024, Cumberland Choral Arts reported income of $77k and spending of $63k, spending 81% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $55k to $77k (+40%), an average of +40% a year. The sharpest change came in the year to June 2024, when income rose by 40%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cumberland Choral Arts sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within NC. Charities of a similar size with the same main cause include I Am Able Foundation ($77k), St Patrick Celebrations Inc ($77k) and WHS Music Boosters Inc ($77k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 75% and program service revenue 11% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.