Rain Forest Art Foundation

Analysis

Rain Forest Art Foundation is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rain Forest Art Foundation reported income of $102k and spending of $9,178, leaving 91% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $14k to $102k (+621%), an average of +64% a year. The sharpest change came in the year to December 2022, when income rose by 497%. Over the whole period it spent 28% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rain Forest Art Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within LA. Charities of a similar size with the same main cause include Pen Parentis Ltd ($102k), Pikes Peak Writers ($102k) and Tipton Community Theatre ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5.9m against liabilities of $2.1m, net assets of $3.8m.