Brazilian Cultural Institute

Analysis

Brazilian Cultural Institute is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2003, 23 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, Brazilian Cultural Institute reported income of $79k and spending of $74k, spending 94% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $189k to $79k (-58%), an average of -35% a year. The sharpest change came in the year to December 2022, when income dropped by 42%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brazilian Cultural Institute sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Unbound Visual Arts ($79k), Generations Institute for the Creative Arts ($79k) and Gateway Orlando Arts ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 95% of the total. At year end it held assets of $61k against liabilities of $24k, net assets of $38k.