Mosaic Harmony

Analysis

Mosaic Harmony is a registered charity in United States, based in Oakton, VA. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Mosaic Harmony reported income of $84k and spending of $79k, spending 94% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $54k to $84k (+55%), an average of +55% a year. The sharpest change came in the year to July 2024, when income rose by 55%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mosaic Harmony sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within VA. Charities of a similar size with the same main cause include Grosse Pointe Yacht Club Foundation ($84k), Crescendo Performing Arts Academyinc ($84k) and Bengali Cultural Society ($84k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 71% and program service revenue 18% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.