Cultural Alliance of Fairfield County Inc

Analysis

Cultural Alliance of Fairfield County Inc is a registered charity in United States, based in Norwalk, CT. It received its IRS tax-exemption ruling in April 2009, 17 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 June 2022, Cultural Alliance of Fairfield County Inc reported income of $309k and spending of $199k, leaving 36% of income unspent that year. Across the 3 years on record, from June 2020 to June 2022, income grew from $143k to $309k (+116%), an average of +47% a year. The sharpest change came in the year to June 2022, when income rose by 127%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cultural Alliance of Fairfield County Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within CT. Charities of a similar size with the same main cause include Studio Place Arts Incorporated ($309k), Rogue Valley Chorale Assoc ($309k) and North American Society for the Sociology of Sport ($309k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 96% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $63k (32% of expenses). Other salaries and wages came to $45k. At year end it held assets of $302k against liabilities of $5,967, net assets of $296k. It reported 3 employees.