Global Cultural Connections

Analysis

Global Cultural Connections is a registered charity in United States, based in Lake Forest, CA. It received its IRS tax-exemption ruling in May 2004, 22 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 December 2023, Global Cultural Connections reported income of $132k and spending of $205k, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $123k to $132k (+7.0%), an average of +1.7% a year. The sharpest change came in the year to December 2021, when income rose by 151%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Global Cultural Connections sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Scotch Fair Highland Games Foundation ($132k), Paradise Community Theatre Association Inc ($132k) and Phonetic Spit ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.2% of the total. At year end it held assets of $130k against liabilities of $30k, net assets of $100k.