Distrikt

Analysis

Distrikt is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in October 2010, 16 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, Distrikt reported income of $193k and spending of $219k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $272k to $193k (-29%), an average of -8.2% a year. The sharpest change came in the year to December 2021, when income rose by 1031%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Distrikt sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within NV. Charities of a similar size with the same main cause include Charlestown Working Theater Inc ($193k), Fenimore Chamber Orchestra Inc ($193k) and Queen City Chamber Opera ($193k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $119k against liabilities of $44k, net assets of $75k.