Building Bridges Art Foundation

Analysis

Building Bridges Art Foundation is a registered charity in United States, based in Ojai, CA. It received its IRS tax-exemption ruling in January 2012, 14 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 June 2022, Building Bridges Art Foundation reported income of $333k and spending of $267k, spending 80% of its income. Across the 3 years on record, from June 2020 to June 2022, income grew from $229k to $333k (+45%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Building Bridges Art Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Historical Society of Early American Decoration Inc ($333k), Musical Youth Artist Repertory Theatre ($333k) and Delirium Musicum ($333k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.