Yarlung Artists

Analysis

Yarlung Artists is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 2007, 19 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 October 2023, Yarlung Artists reported income of $157k and spending of $370k, spending 236% of what it took in. Across the 2 years on record, from October 2022 to October 2023, income fell from $395k to $157k (-60%), an average of -60% a year. The sharpest change came in the year to October 2023, when income dropped by 60%. Over the whole period it spent 120% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Yarlung Artists sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Konkani Cultural Conference Inc ($157k), National Carousel Association ($157k) and New England Ballet Theatre of Connecticut Inc ($157k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.