James Burton Foundation

Analysis

James Burton Foundation is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in August 2006, 20 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 2022, James Burton Foundation reported income of $54k and spending of $87k, spending 160% of what it took in. Across the 2 years on record, from December 2019 to December 2022, income fell from $227k to $54k (-76%), an average of -76% a year. The sharpest change came in the year to December 2022, when income dropped by 76%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, James Burton Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within LA. Charities of a similar size with the same main cause include Minnesota China Friendship Garden Society MCFGS ($54k), North Carolina Basketmakers Association Inc ($54k) and Camp Moore Historical Association Inc ($54k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $220k against liabilities of $893, net assets of $219k.