Mandala South Asian Performing Arts Inc

Analysis

Mandala South Asian Performing Arts Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 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, Mandala South Asian Performing Arts Inc reported income of $465k and spending of $401k, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $279k to $465k (+67%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mandala South Asian Performing Arts Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include Childrens Theatre and School of Thearts ($465k), Lockport Community Television Inc ($465k) and Texas Czech Genealogical Society ($465k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $68k (17% of expenses). At year end it held assets of $179k against liabilities of $3,629, net assets of $176k. It reported 2 employees.