Center for Arts - Design & Social Research

Analysis

Center for Arts - Design & Social Research is a registered charity in United States, based in Wayland, MA. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Center for Arts - Design & Social Research reported income of $136k and spending of $584k, spending 431% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $493k to $136k (-73%), an average of -28% a year. The sharpest change came in the year to December 2020, when income rose by 410%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Arts - Design & Social Research sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 50th percentile within MA. Charities of a similar size with the same main cause include Farmington Friends of the Library Inc ($136k), Coos Bay Schools Communityfoundation ($136k) and Seat 4 Christ ($136k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $90k (15% of expenses). Other salaries and wages came to $156k. At year end it held assets of $73k against liabilities of $56k, net assets of $17k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.