Cellobello Inc

Analysis

Cellobello Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in August 2018, 8 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, Cellobello Inc reported income of $301k and spending of $353k, spending 117% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $326k to $301k (-7.7%), an average of -3.9% a year. The sharpest change came in the year to December 2023, when income rose by 40%. 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, Cellobello Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Society for the Advancement of Scandinavian Study ($301k), Lelooska Foundation ($301k) and Stay Arts ($301k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 6.5% of the total. Compensation of current officers, directors and key employees was $115k (33% of expenses). At year end it held assets of $154k against liabilities of $3,320, net assets of $150k. It reported 1 employees.