Viernes Culturales-Cultural Fridays

Analysis

Viernes Culturales-Cultural Fridays is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in June 2020, 6 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, Viernes Culturales-Cultural Fridays reported income of $98k and spending of $71k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $98k (+9.2%), an average of +9.2% a year. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Viernes Culturales-Cultural Fridays sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Bogalusa Blues and Heritage Festival ($98k), Cine Qua Non Inc ($98k) and Madrid Historical Society ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.