Continuum Arts Collective

Analysis

Continuum Arts Collective is a registered charity in United States, based in North Berwick, ME. It received its IRS tax-exemption ruling in February 2016, 10 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 December 2023, Continuum Arts Collective reported income of $231k and spending of $208k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $236k to $231k (-2.1%), an average of -2.1% a year. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Continuum Arts Collective sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 50th percentile within ME. Charities of a similar size with the same main cause include Huntingdon County Arts Council ($231k), Los Angeles Theatre Academy Inc ($231k) and Society for Acupuncture Research Inc ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $30k (14% of expenses). Other salaries and wages came to $500. At year end it held assets of $102k against liabilities of $5,662, net assets of $97k.