Foundation for Traditional Cultureinc

Analysis

Foundation for Traditional Cultureinc is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in February 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Foundation for Traditional Cultureinc reported income of $2.6m and spending of $2.6m, spending 101% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $2.6m to $2.6m (+0.4%), an average of +0.1% a year. The sharpest change came in the year to June 2022, when income rose by 76%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Foundation for Traditional Cultureinc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within AZ. Charities of a similar size with the same main cause include Organization of American Historians ($2.6m), Mount Washington Observatory ($2.6m) and Latino Public Broadcasting ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $279k against liabilities of $0, net assets of $279k.