The Brick

Analysis

The Brick is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 2005, 21 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 2022, The Brick reported income of $5.0m and spending of $1.4m, leaving 71% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.1m to $5.0m (+338%), an average of +64% a year. The sharpest change came in the year to December 2021, when income rose by 161%. Over the whole period it spent 40% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Brick sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include De Cordova and Dana Museum and Park ($5.0m), Christina Cultural Arts Center Inc ($5.0m) and Butler Institute of American Art ($5.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $129k (8.9% of expenses). Other salaries and wages came to $369k. At year end it held assets of $9.0m against liabilities of $2.4m, net assets of $6.5m. It reported 14 employees.