Contemporary Circus and Immersive Arts Center

Analysis

Contemporary Circus and Immersive Arts Center is a registered charity in United States, based in Troy, NY. It received its IRS tax-exemption ruling in March 2022, 4 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 June 2023, Contemporary Circus and Immersive Arts Center reported income of $152k and spending of $163k, spending 107% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $73k to $152k (+107%), an average of +107% a year. The sharpest change came in the year to June 2023, when income rose by 107%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Contemporary Circus and Immersive Arts Center sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Driftwood Players ($152k), Chaska Valley Family Theatre Inc ($152k) and The Full Life Ahead Foundation ($152k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. At year end it held assets of $70k against liabilities of $44k, net assets of $26k.