Cyt Phoenix

Analysis

Cyt Phoenix is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 2006, 20 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 July 2024, Cyt Phoenix reported income of $345k and spending of $350k, spending 101% of its income. Across the 4 years on record, from July 2021 to July 2024, income grew from $241k to $345k (+43%), an average of +13% a year. The sharpest change came in the year to July 2023, when income rose by 70%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cyt Phoenix sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within AZ. Charities of a similar size with the same main cause include Hands on Childrens Museum Inc ($345k), California Historical Society ($345k) and Wisconsin Museum of Quilts & Fiber Arts Inc ($345k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 16% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $38k (11% of expenses). Other salaries and wages came to $27k. At year end it held assets of $224k against liabilities of $33k, net assets of $191k. It reported 4 employees.