Brasarte the Damasceno Brazilian Cultural Exchange

Analysis

Brasarte the Damasceno Brazilian Cultural Exchange is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in June 2001, 25 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 June 2023, Brasarte the Damasceno Brazilian Cultural Exchange reported income of $238k and spending of $268k, spending 112% of what it took in. Across the 3 years on record, from June 2020 to June 2023, income fell from $248k to $238k (-4.0%), an average of -2.0% a year. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brasarte the Damasceno Brazilian Cultural Exchange sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Bellingham Theatre Guild ($238k), Iron Crow Theatre Company Inc ($238k) and Jewish Historical Society of Greater Hartford ($238k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $95k against liabilities of $69k, net assets of $25k.