Mosaic America

Analysis

Mosaic America is a registered charity in United States, based in Saratoga, CA. It received its IRS tax-exemption ruling in December 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 December 2023, Mosaic America reported income of $640k and spending of $647k, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $348k to $640k (+84%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 126%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mosaic America sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Friends of Arts Council of Greater Denham Springs Inc ($640k), Aram Soba Raanana Inc ($641k) and Austin Creative Alliance ($640k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. Other salaries and wages came to $162k. At year end it held assets of $782k against liabilities of $0, net assets of $782k. It reported 2 employees.