Culture Shock Los Angeles

Analysis

Culture Shock Los Angeles is a registered charity in United States, based in San Pedro, CA. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Culture Shock Los Angeles reported income of $107k and spending of $81k, leaving 24% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $131k to $107k (-18%), an average of -18% a year. The sharpest change came in the year to June 2024, when income dropped by 18%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Culture Shock Los Angeles sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Fenton Community Orchestra ($107k), Vicious Circle ($107k) and Peanut Gallery Players ($107k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 50% and program service revenue 32% of the total. At year end it held assets of $192k against liabilities of $0, net assets of $192k.