Sala Diaz Inc

Analysis

Sala Diaz Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in June 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 2023, Sala Diaz Inc reported income of $74k and spending of $55k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $381k to $74k (-81%), an average of -56% a year. The sharpest change came in the year to December 2022, when income dropped by 78%. Over the whole period it spent 19% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sala Diaz Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include The Creative City Inc ($74k), Taste of the Caribbean Arts & Culture CT Inc ($74k) and Portland Orff-Schulwerk Association ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $594k against liabilities of $0, net assets of $594k.