Vista Larga Foundation Corp

Analysis

Vista Larga Foundation Corp is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in June 2014, 12 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 September 2023, Vista Larga Foundation Corp reported income of $58k and spending of $86k, spending 148% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $111k to $58k (-48%), an average of -48% a year. The sharpest change came in the year to September 2023, when income dropped by 48%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vista Larga Foundation Corp sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 26th percentile within FL. Charities of a similar size with the same main cause include Sedona Art Museum Inc ($58k), Frances Furlong Trust & Creative Art Center Distribution Endow ($58k) and Music and Art at Trinity Cathedral Inc ($58k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,130 against liabilities of $3,000, net assets of $5,130.