Tango Mercurio Inc

Analysis

Tango Mercurio Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2014, 12 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, Tango Mercurio Inc reported income of $62k and spending of $61k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $62k (+0.3%), an average of +0.3% a year. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tango Mercurio Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 12th percentile within DC. Charities of a similar size with the same main cause include Mansfield Band Parents Association Inc ($62k), Pulama Na Liko ($62k) and Santa Ynez Valley Childrens Museum ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.