Cayo

Analysis

Cayo is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in December 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 (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, Cayo reported income of $140k and spending of $158k, spending 113% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $230k to $140k (-39%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 51%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cayo sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within MN. Charities of a similar size with the same main cause include International Society for Bayesian Analysis ($140k), National Society of the Daughters of the American Revolution ($140k) and American Society of the Italian Legions of Merit Inc ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $73k against liabilities of $23k, net assets of $50k.