Mammoth Arts Foundation

Analysis

Mammoth Arts Foundation is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mammoth Arts Foundation reported income of $259k and spending of $272k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $207k to $259k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mammoth Arts Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CO. Charities of a similar size with the same main cause include Watchorn Lincoln Memorial Association ($259k), Produciones Contraparte Inc ($259k) and Franklin Villagers Barn Theatre Inc 44108 ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. At year end it held assets of $1,517 against liabilities of $6,932, net assets of -$5,415.