American Romanian Cultural Society

Analysis

American Romanian Cultural Society is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in May 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, American Romanian Cultural Society reported income of $153k and spending of $179k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $179k to $153k (-14%), an average of -14% a year. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Romanian Cultural Society sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 44th percentile within WA. Charities of a similar size with the same main cause include Dance to Be Free ($153k), American Passenger Train History Museum Inc ($154k) and Gujarati Cultural Association of Bay Area ($153k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.