French-American Cultural Foundation

Analysis

French-American Cultural Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1998, 28 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, French-American Cultural Foundation reported income of $497k and spending of $486k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $508k to $497k (-2.1%), an average of -0.5% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, French-American Cultural Foundation sits at the 77th percentile: it is larger than about 77% 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 Ankhkasta Natural Healing ($497k), Childrens Discovery Museum of Cape Cod Inc ($497k) and Shake Rag Alley Inc ($497k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $93k (19% of expenses). Other salaries and wages came to $48k. At year end it held assets of $21k against liabilities of $0, net assets of $21k. It reported 3 employees.