Cazarts Inc

Analysis

Cazarts Inc is a registered charity in United States, based in Cazenovia, NY. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Cazarts Inc reported income of $66k and spending of $69k, spending 105% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income grew from $64k to $66k (+3.0%), an average of +3.0% a year. 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, Cazarts Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Brooklyn Chamber Music Society Ltd ($66k), India Religious and Cultural Center Inc ($66k) and Mount Gretna Area Historical Society Inc ($66k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.