Anatolia Cultural Centers Inc

Analysis

Anatolia Cultural Centers Inc is a registered charity in United States, based in Lake Forest, CA. It received its IRS tax-exemption ruling in November 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, Anatolia Cultural Centers Inc reported income of $1.7m and spending of $1.6m, spending 94% of its income. Across the 6 years on record, from December 2017 to December 2023, income grew from $650k to $1.7m (+157%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 142%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Anatolia Cultural Centers Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include United Photo Industries Inc ($1.7m), Raue Center for the Arts Inc ($1.7m) and Timber Lake Playhouse ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $162k (10% of expenses). Other salaries and wages came to $579k. At year end it held assets of $1.0m against liabilities of $522k, net assets of $490k. It reported 39 employees.