Culturehum Foundation

Analysis

Culturehum Foundation is a registered charity in United States, based in Costa Mesa, CA. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Culturehum Foundation reported income of $55k and spending of $19k, leaving 65% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $643k to $55k (-91%), an average of -56% a year. The sharpest change came in the year to December 2020, when income dropped by 103%. Over the whole period it spent 154% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Culturehum Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Gulf States Quilting Association Inc ($55k), Brickbottom Artists Association Inc ($55k) and American Guild of Organists Ago ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 107% of the total. At year end it held assets of $13k against liabilities of $303k, net assets of -$289k.