Taste of the Caribbean Arts & Culture CT Inc

Analysis

Taste of the Caribbean Arts & Culture CT Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in May 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Taste of the Caribbean Arts & Culture CT Inc reported income of $74k and spending of $66k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $81k to $74k (-8.4%), an average of -8.4% a year. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Taste of the Caribbean Arts & Culture CT Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within CT. Charities of a similar size with the same main cause include Sala Diaz Inc ($74k), Summit Music Festival Inc ($74k) and The Creative City Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.