School of Visual Philosophy Inc

Analysis

School of Visual Philosophy Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in September 2016, 10 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, School of Visual Philosophy Inc reported income of $79k and spending of $83k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $257k to $79k (-69%), an average of -45% a year. The sharpest change came in the year to December 2022, when income dropped by 73%. Over the whole period it spent 125% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, School of Visual Philosophy Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Star Players Inc ($79k), Verona Summer Music ($79k) and Oswego Historical Society ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.