Yellow Rose Gala Foundation

Analysis

Yellow Rose Gala Foundation is a registered charity in United States, based in Dallas, TX. 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 (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, Yellow Rose Gala Foundation reported income of $312k and spending of $320k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $150k to $312k (+108%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 2719%. 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, Yellow Rose Gala Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Kairos Alive ($312k), West Tennessee Regional Art Center Inc ($312k) and Champions for Wildlife ($312k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 154% of the total. At year end it held assets of $309k against liabilities of $250k, net assets of $59k.