Traditional Culture Reviving Center

Analysis

Traditional Culture Reviving Center is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2008, 18 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 August 2023, Traditional Culture Reviving Center reported income of $6.7m and spending of $6.7m, spending 100% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $10.3m to $6.7m (-35%), an average of -10% a year. The sharpest change came in the year to August 2021, when income rose by 155%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Traditional Culture Reviving Center sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Edward M Kennedy Institute for the United States Senate Inc ($6.7m), L S B Leakey Foundation FR Resrch to Mans Origin Behaviour & Srvival ($6.7m) and Unlv Research Foundation ($6.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. At year end it held assets of $4.0m against liabilities of $2.7m, net assets of $1.4m.