Clayton Cultural Arts Foundation Inc

Analysis

Clayton Cultural Arts Foundation Inc is a registered charity in United States, based in Clayton, NC. It received its IRS tax-exemption ruling in March 2000, 26 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 2023, Clayton Cultural Arts Foundation Inc reported income of $109k and spending of $55k, leaving 49% of income unspent that year. Across the 3 years on record, from June 2020 to June 2023, income grew from $91k to $109k (+20%), an average of +9.7% a year. The sharpest change came in the year to June 2023, when income rose by 79%. 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, Clayton Cultural Arts Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within NC. Charities of a similar size with the same main cause include Syren Modern Dance ($109k), Canyon Aristocats Parentsassociation ($109k) and Thinktank Theatre Inc ($109k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 1.6% of the total. At year end it held assets of $278k against liabilities of $0, net assets of $278k.