Tarumi Violin Childrens Foundation for the Arts

Analysis

Tarumi Violin Childrens Foundation for the Arts is a registered charity in United States, based in Douglaston, NY. It received its IRS tax-exemption ruling in October 1996, 30 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, Tarumi Violin Childrens Foundation for the Arts reported income of $61k and spending of $42k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $61k (+6.3%), an average of +6.3% a year. Over the whole period it spent 59% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tarumi Violin Childrens Foundation for the Arts sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Kamanawa Foundation ($61k), Colonial Dames of Amer Natl Society in the State Alabama Memorial TR ($61k) and Children Theater Project ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $307k against liabilities of $8,864, net assets of $298k.