Cultural Activities Center the Contemporaries Inc

Analysis

Cultural Activities Center the Contemporaries Inc is a registered charity in United States, based in Temple, TX. It received its IRS tax-exemption ruling in March 1986, 40 years ago. 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, Cultural Activities Center the Contemporaries Inc reported income of $95k and spending of $95k, spending 100% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $162k to $95k (-42%), an average of -42% a year. The sharpest change came in the year to June 2024, when income dropped by 42%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cultural Activities Center the Contemporaries Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Lower Perkiomen Perkettes ($95k), Western Maryland Railway Historical Society Incorporated ($95k) and Greater Grand Forks Softball & Amateur Sports Inc ($95k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.2% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.