Julia de Burgos Cultural Arts Center

Analysis

Julia de Burgos Cultural Arts Center is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in June 1991, 35 years ago. 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 2023, Julia de Burgos Cultural Arts Center reported income of $848k and spending of $366k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $59k to $848k (+1337%), an average of +95% a year. The sharpest change came in the year to December 2020, when income rose by 545%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Julia de Burgos Cultural Arts Center sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within OH. Charities of a similar size with the same main cause include Plan of Action for Challenging Times Inc ($848k), International Association of Medical Science Educators ($848k) and National Scholastic Surfing Assoc ($848k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $40k (11% of expenses). Other salaries and wages came to $61k. At year end it held assets of $879k against liabilities of $15k, net assets of $864k. It reported 6 employees.