Kissidugu Foundation

Analysis

Kissidugu Foundation is a registered charity in United States, based in Crested Butte, CO. It received its IRS tax-exemption ruling in February 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 (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, Kissidugu Foundation reported income of $96k and spending of $51k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $148k to $96k (-35%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kissidugu Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 32nd percentile within CO. Charities of a similar size with the same main cause include Elizabethtown Preservation Associates Inc ($96k), Louisiana Association for Health Physical Education Recreation & ($96k) and Chicago Contemporary Dance Company ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 11% of the total. At year end it held assets of $179k against liabilities of $0, net assets of $179k.