Kulture Kids

Analysis

Kulture Kids is a registered charity in United States, based in Cleveland HTS, OH. It received its IRS tax-exemption ruling in April 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Kulture Kids reported income of $186k and spending of $178k, spending 96% of its income. Across the 2 years on record, from July 2022 to July 2023, income grew from $159k to $186k (+17%), an average of +17% a year. The sharpest change came in the year to July 2023, when income rose by 17%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kulture Kids sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within OH. Charities of a similar size with the same main cause include Evanston Made Art ($186k), Chicago Blues Revival ($186k) and Friends of the Kennedy-Martin- Stelle-Farmstead Inc ($186k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. At year end it held assets of $66k against liabilities of $2,708, net assets of $63k.