The Naraya Cultural Preservation Council Inc

Analysis

The Naraya Cultural Preservation Council Inc is a registered charity in United States, based in Parsonsfield, ME. It received its IRS tax-exemption ruling in July 2001, 25 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, The Naraya Cultural Preservation Council Inc reported income of $123k and spending of $79k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $112k to $123k (+9.4%), an average of +9.4% a year. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Naraya Cultural Preservation Council Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 36th percentile within ME. Charities of a similar size with the same main cause include Lomas & Saum Foundation ($123k), Blazin Bluegrass of the Big South Fork Inc ($123k) and Resilient Navigation and Timing Foundation Inc ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $270k against liabilities of $4,941, net assets of $265k.