Connecticut Arts Alliance Incorporated

Analysis

Connecticut Arts Alliance Incorporated is a registered charity in United States, based in Kent, CT. It received its IRS tax-exemption ruling in March 2021, 5 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, Connecticut Arts Alliance Incorporated reported income of $190k and spending of $160k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $206k to $190k (-7.9%), an average of -7.9% a year. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Connecticut Arts Alliance Incorporated sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within CT. Charities of a similar size with the same main cause include Hollywood in Pixels Inc ($190k), New York African Chorus Ensemble Inc ($190k) and Miamisburg Band and Guard Boosters Inc ($190k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $178k against liabilities of $0, net assets of $178k.