Andanza Inc

Analysis

Andanza Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in March 1999, 27 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 June 2023, Andanza Inc reported income of $748k and spending of $831k, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $608k to $748k (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2022, when income rose by 75%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Andanza Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 64th percentile within PR. Charities of a similar size with the same main cause include Class Act Community Playhouse ($748k), Friends of Materials for the Arts Inc ($748k) and Aleut International Association Inc ($747k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $83k (9.9% of expenses). Other salaries and wages came to $280k. At year end it held assets of $94k against liabilities of $78k, net assets of $15k. It reported 16 employees.