The Dunhuang Foundation Inc

Analysis

The Dunhuang Foundation Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2011, 15 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, The Dunhuang Foundation Inc reported income of $978k and spending of $664k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $978k (-38%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 73%. 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, The Dunhuang Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Seattle Chamber Music Society Foundation ($977k), Girls Rock SB ($978k) and Gay Mens Chorus of South Florida Inc ($977k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% of the total. Compensation of current officers, directors and key employees was $255k (38% of expenses). Other salaries and wages came to $79k. At year end it held assets of $2.5m against liabilities of $35k, net assets of $2.4m. It reported 3 employees.