Hollywood Historic Trust

Analysis

Hollywood Historic Trust is a registered charity in United States, based in Hollywood, CA. It received its IRS tax-exemption ruling in March 1975, 51 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, Hollywood Historic Trust reported income of $1.9m and spending of $1.7m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.9m (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hollywood Historic Trust sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Icicle Creek Center of the Arts ($1.9m), Cecil H & Ida M Green Foundation for Earth Sciences ($1.9m) and The Chance Theater ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $66k. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m. It reported 1 employees.