Bilingual Foundation of the Arts Fundacion Bilingue de Las Artes in

Analysis

Bilingual Foundation of the Arts Fundacion Bilingue de Las Artes in is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bilingual Foundation of the Arts Fundacion Bilingue de Las Artes in reported income of $198k and spending of $218k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $198k (+115%), an average of +115% a year. The sharpest change came in the year to December 2023, when income rose by 115%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bilingual Foundation of the Arts Fundacion Bilingue de Las Artes in sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Kerala Association of New Jersey ($198k), Florida Federation of Colorguards Circuit Inc ($198k) and Prairieland Heritage Museum Institute ($198k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 25% of the total. At year end it held assets of $119k against liabilities of $8,351, net assets of $110k.