Lee Jaeeun Arts Company

Analysis

Lee Jaeeun Arts Company is a registered charity in United States, based in Montclair, CA. It received its IRS tax-exemption ruling in July 2015, 11 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, Lee Jaeeun Arts Company reported income of $117k and spending of $96k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $89k to $117k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2021, when income rose by 173%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lee Jaeeun Arts Company sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Patawomeck Indian Tribe of Virginia ($116k), Viet Bao Foundation ($117k) and Pineland Suzuki School ($116k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $30k. At year end it held assets of $20k against liabilities of $6,180, net assets of $14k. It reported 1 employees.