Chimayo Cultural Preservation Association

Analysis

Chimayo Cultural Preservation Association is a registered charity in United States, based in Chimayo, NM. It received its IRS tax-exemption ruling in September 1995, 31 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, Chimayo Cultural Preservation Association reported income of $85k and spending of $75k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $85k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chimayo Cultural Preservation Association sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 28th percentile within NM. Charities of a similar size with the same main cause include Authentic Native Arts Association Inc ($85k), Graffiti Heart Corporation ($85k) and Pagan Pride-Twin Cities ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $114k against liabilities of $8,499, net assets of $105k.