Little Village Foundation

Analysis

Little Village Foundation is a registered charity in United States, based in Solvang, CA. It received its IRS tax-exemption ruling in March 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, Little Village Foundation reported income of $393k and spending of $329k, spending 84% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $258k to $393k (+52%), an average of +8.8% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Little Village Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Orchestra Miami Inc ($393k), Sturgeon Bay Historical Society Foundation Inc ($393k) and Dekalb County History Center ($393k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $101k (31% of expenses). Other salaries and wages came to $12k. At year end it held assets of $419k against liabilities of $47k, net assets of $372k. It reported 6 employees.