East LA Society of Film & Arts

Analysis

East LA Society of Film & Arts is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, East LA Society of Film & Arts reported income of $71k and spending of $51k, leaving 28% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $268k to $71k (-73%), an average of -48% a year. The sharpest change came in the year to December 2023, when income rose by 149%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, East LA Society of Film & Arts sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include A Child S Prayer ($71k), San Fernando Valley Youth Chorus ($71k) and Saturday Night Bath Concert Fund ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.