Etruscan Foundation Inc

Analysis

Etruscan Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1960, 66 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 2023, Etruscan Foundation Inc reported income of $68k and spending of $109k, spending 161% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $62k to $68k (+9.1%), an average of +2.2% a year. The sharpest change came in the year to December 2020, when income rose by 53%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Etruscan Foundation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Arpi Publishing ($68k), Aspen Choral Society ($68k) and Association Culturelle Et Historique du Mont Carmel ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $48k (44% of expenses). At year end it held assets of $379k against liabilities of $0, net assets of $379k.