The Centennial Culture Center Inc

Analysis

The Centennial Culture Center Inc is a registered charity in United States, based in Olla, LA. It received its IRS tax-exemption ruling in October 1996, 30 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 December 2023, The Centennial Culture Center Inc reported income of $50k and spending of $38k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $32k to $50k (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 161%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Centennial Culture Center Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within LA. Charities of a similar size with the same main cause include Vineyard Futureworks ($50k), Bellingham Chamber Music Society ($50k) and Chicago Cuatro Orchestra Project ($50k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $10k (28% of expenses). At year end it held assets of $29k against liabilities of $0, net assets of $29k.