Contemporary Performing Arts of Chattanooga Inc

Analysis

Contemporary Performing Arts of Chattanooga Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in March 1992, 34 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 June 2023, Contemporary Performing Arts of Chattanooga Inc reported income of $103k and spending of $92k, spending 90% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $103k to $103k (-0.2%), an average of -0.2% a year. 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, Contemporary Performing Arts of Chattanooga Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within TN. Charities of a similar size with the same main cause include Paca Inc ($103k), Peter Stathas Dance Inc ($103k) and Cultural and Creative Arts Center of the Santa Maria Valley ($103k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $292k against liabilities of $0, net assets of $292k.