Los Angeles Dream Shapers

Analysis

Los Angeles Dream Shapers is a registered charity in United States, based in Aubrey, TX. It received its IRS tax-exemption ruling in June 2000, 26 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Los Angeles Dream Shapers reported income of $117k and spending of $118k, spending 101% of its income. Across the 2 years on record, from December 2019 to December 2022, income fell from $246k to $117k (-52%), an average of -52% a year. The sharpest change came in the year to December 2022, when income dropped by 52%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Los Angeles Dream Shapers sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Savannah Scottish Games Inc ($117k), Mexican Heritage Center & Gallery Inc ($117k) and Stillwater Museum Association Inc ($117k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 2.1% and program service revenue 98% of the total. At year end it held assets of $18k against liabilities of $15k, net assets of $2,543.