Colorado Photographic Arts Center Inc

Analysis

Colorado Photographic Arts Center Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in July 1964, 62 years ago. 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, Colorado Photographic Arts Center Inc reported income of $482k and spending of $444k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $307k to $482k (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Colorado Photographic Arts Center 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 70th percentile, and in the 67th percentile within CO. Charities of a similar size with the same main cause include St Benedicts Corporation ($482k), American Academy of Implant Dentistry Foundation ($482k) and Southern Society for Clinical Investigation Inc ($482k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $75k (17% of expenses). Other salaries and wages came to $68k. At year end it held assets of $714k against liabilities of $33k, net assets of $680k. It reported 3 employees.