Lotz House Foundation

Analysis

Lotz House Foundation is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in April 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, Lotz House Foundation reported income of $214k and spending of $193k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $159k to $214k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2021, when income rose by 62%. 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, Lotz House Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within TN. Charities of a similar size with the same main cause include Meridian Art Association Inc ($214k), Rising Starz Booster Club ($215k) and Friends of the Vatican ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.3% and program service revenue 78% of the total. Other salaries and wages came to $90k. At year end it held assets of $74k against liabilities of $12k, net assets of $62k.