International Festival of Language and Culture

Analysis

International Festival of Language and Culture is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2018, 8 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 2022, International Festival of Language and Culture reported income of $79k and spending of $80k, spending 101% of its income. Across the 3 years on record, from December 2019 to December 2022, income fell from $540k to $79k (-85%), an average of -62% a year. The sharpest change came in the year to December 2020, when income dropped by 79%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, International Festival of Language and Culture sits at the 35th 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 15th percentile within DC. Charities of a similar size with the same main cause include McAllister Museum of Aviation ($79k), Ozark Research Institute Inc ($79k) and Chronicles of Chogyam Trungpa Rinpoche ($79k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,703 against liabilities of $0, net assets of $1,703.