CONTEMPORARY ART FOUNDATION INC
RALEIGH,
North Carolina,
27603
EIN: 56-1376155
Arts, Culture and Humanities
DEMOGRAPHIC
ADDRESS
409 W MARTIN ST
27603
COUNTY
wake county, NC
IN CARE OF NAME
LINWOOD JOHNSON
ORGANIZATIONAL OVERVIEW & RANKINGS
CONTEMPORARY ART FOUNDATION INC is a based in RALEIGH, NC, focused on Arts, Culture and Humanities causes . Established in December 1983, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $3,876,404.00, this ranks 104,951 among 2,656,690 nonprofits nationally (Top 4%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 2,507 out of 80,207 organizations in NC (Top 4%).
In wake county, NC, the organization ranks 364 out of 10,332 nonprofits by assets (Top 4%), while locally in raleigh, it stands at 298 among 6,106 organizations (Top 5%).
The organization reported annual revenue of $552,436.00, ranking 173,557 nationally (Top 7%) and 4,838 in NC (Top 7%).
Within its specific NTEE classification (A510 - A: Arts, Culture and Humanities), which includes 339 similar organizations, CONTEMPORARY ART FOUNDATION INC ranks 192 in assets (Top 51%) and 225 in revenue (Top 62%).
The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Art exhibit
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
N/A
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
06/2022
ACCOUNTING PERIOD
06
INCOME CODE
5: $500,000 to $999,999
INCOME AMOUNT
$552,436.00
FORM 990 REVENUE AMOUNT
$552,436.00
RULING DATE
12/1983
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$3,876,404.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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