Blackhouse Foundation

Analysis

Blackhouse Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Blackhouse Foundation reported income of $808k and spending of $821k, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $400k to $808k (+102%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 80%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Blackhouse Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Jazz Hands for Autism ($808k), Alpine Theatre Project Inc ($808k) and Houston Fire Museum Inc ($807k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 56% and program service revenue 44% of the total. Other salaries and wages came to $243k. At year end it held assets of $102k against liabilities of $173, net assets of $102k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.