Cape Cinema Inc

Analysis

Cape Cinema Inc is a registered charity in United States, based in Dennis, MA. It received its IRS tax-exemption ruling in June 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 December 2023, Cape Cinema Inc reported income of $622k and spending of $590k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $622k (+480%), an average of +480% a year. The sharpest change came in the year to December 2023, when income rose by 480%. 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, Cape Cinema Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Toxicology Excellence for Risk Assessment ($622k), National Ranger Memorial Foundation Inc ($622k) and Edison Innovation Foundation ($622k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 61% of the total. Other salaries and wages came to $153k. At year end it held assets of $174k against liabilities of $43k, net assets of $132k. It reported 6 employees.