Pacific Rim Cultural Foundation

Analysis

Pacific Rim Cultural Foundation is a registered charity in United States, based in Wauconda, IL. It received its IRS tax-exemption ruling in April 1995, 31 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Pacific Rim Cultural Foundation reported income of $970k and spending of $107k, leaving 89% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $181k to $970k (+436%), an average of +436% a year. The sharpest change came in the year to December 2022, when income rose by 436%. Over the whole period it spent 12% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pacific Rim Cultural Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within IL. Charities of a similar size with the same main cause include Pendleton Round-Up Foundation ($970k), Asheville Museum of Science ($970k) and Wichita Falls Symphony Orchestra Inc ($970k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 98% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.