Cabinet of Curiosity

Analysis

Cabinet of Curiosity is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2019, 7 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, Cabinet of Curiosity reported income of $237k and spending of $202k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $242k to $237k (-2.1%), an average of -0.5% a year. The sharpest change came in the year to December 2021, when income rose by 293%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cabinet of Curiosity sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within IL. Charities of a similar size with the same main cause include India Center of Westchester Inc ($237k), Red River Valley Veterans Memorial Museum Inc ($237k) and San Antonio Scottish Rite Library and Museum Inc ($237k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $14k (6.8% of expenses). At year end it held assets of $79k against liabilities of $19k, net assets of $60k.