Diplomacy Center Foundation

Analysis

Diplomacy Center Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2000, 26 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, Diplomacy Center Foundation reported income of $482k and spending of $3.5m, spending 717% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $482k (-77%), an average of -31% a year. The sharpest change came in the year to December 2020, when income dropped by 57%. Over the whole period it spent 201% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Diplomacy Center Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 43rd percentile within DC. Charities of a similar size with the same main cause include Episcopal Actors Guild of America Inc ($482k), Historical Society of Cheshire Cty ($482k) and Daylight Community Arts Foundation Inc ($482k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $208k (6.0% of expenses). Other salaries and wages came to $78k. At year end it held assets of $7.7m against liabilities of $36k, net assets of $7.7m. It reported 3 employees.