David Z Foundation

Analysis

David Z Foundation is a registered charity in United States, based in Encino, CA. It received its IRS tax-exemption ruling in November 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 (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 2021, David Z Foundation reported income of $78k and spending of $52k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2020 to June 2021, income grew from $71k to $78k (+9.4%), an average of +9.4% a year. Over the whole period it spent 41% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, David Z Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Broomfield Veterans Memorial Museum ($78k), Ballet Education & Scholarship Fund ($78k) and Music at the Red Door Inc ($78k).

On its Form 990 for the period ending June 2021, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $34k (65% of expenses). At year end it held assets of $89k against liabilities of $123, net assets of $89k. It reported 3 employees.