Mauro Inc

Analysis

Mauro Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in November 2009, 17 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, Mauro Inc reported income of $755k and spending of $775k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $290k to $755k (+160%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 52%. 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, Mauro Inc sits at the 83rd percentile: it is larger than about 83% 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 One Longfellow Square Inc ($755k), Friends of Puerto Rico ($755k) and Story Boldly ($755k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. Other salaries and wages came to $60k. At year end it held assets of $257k against liabilities of $264k, net assets of -$6,879. It reported 6 employees.