Bosnian-Herzegovinian-American Academy of Arts and Sciences Inc

Analysis

Bosnian-Herzegovinian-American Academy of Arts and Sciences Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bosnian-Herzegovinian-American Academy of Arts and Sciences Inc reported income of $136k and spending of $109k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $123k to $136k (+11%), an average of +11% a year. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bosnian-Herzegovinian-American Academy of Arts and Sciences Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within KY. Charities of a similar size with the same main cause include Cedarburg Music Festivals ($136k), Carolina Youth Ballet Inc ($136k) and Freestyle Percussion Foundation Inc ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $126k against liabilities of $70, net assets of $125k.