D Andrea Larosa Art Foundation Inc

Analysis

D Andrea Larosa Art Foundation Inc is a registered charity in United States, based in Lawrenceburg, IN. It received its IRS tax-exemption ruling in September 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 December 2023, D Andrea Larosa Art Foundation Inc reported income of $73k and spending of $78k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $153k to $73k (-52%), an average of -52% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, D Andrea Larosa Art Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 25th percentile within IN. Charities of a similar size with the same main cause include Gayatri Pariwar of Long Island Inc ($73k), Deuel County Charities ($73k) and Rhythm Visions Production Company Inc ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $268k against liabilities of $33k, net assets of $235k.