Hollywood Science Fiction Foundation

Analysis

Hollywood Science Fiction Foundation is a registered charity in United States, based in Chatsworth, CA. It received its IRS tax-exemption ruling in June 2013, 13 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, Hollywood Science Fiction Foundation reported income of $472k and spending of $82k, leaving 83% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $25k to $472k (+1753%), an average of +1753% a year. The sharpest change came in the year to December 2023, when income rose by 1753%. Over the whole period it spent 19% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hollywood Science Fiction Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include International Sejong Soloists Inc ($472k), Northampton Community Televisionincorporated ($472k) and Charleston Light Opera Guild Inc ($472k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $472k against liabilities of $75k, net assets of $397k.