Calliope Project Inc

Analysis

Calliope Project Inc is a registered charity in United States, based in Milton, DE. It received its IRS tax-exemption ruling in May 2017, 9 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, Calliope Project Inc reported income of $520k and spending of $291k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $214k to $520k (+143%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 106%. Over the whole period it spent 46% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Calliope Project Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 66th percentile within DE. Charities of a similar size with the same main cause include Wam Theatre ($520k), Theatre Production & Technical Academy Inc ($520k) and New Hampshire Music Festival Inc ($520k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 8.9% of the total. Other salaries and wages came to $70k. It paid $12k in professional fundraising fees. At year end it held assets of $2.1m against liabilities of $835k, net assets of $1.2m. It reported 7 employees.