National Hispanic Foundation for the Arts

Analysis

National Hispanic Foundation for the Arts is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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, National Hispanic Foundation for the Arts reported income of $435k and spending of $427k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $376k to $435k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Hispanic Foundation for the Arts sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 41st percentile within DC. Charities of a similar size with the same main cause include Advertising Club of New York Foundation Inc ($435k), Somerset County Federated Library System Inc ($435k) and Mathews County School of Country Arts Inc ($435k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $13k in professional fundraising fees. At year end it held assets of $14k against liabilities of $14k, net assets of $0.