Arhoolie Foundation

Analysis

Arhoolie Foundation is a registered charity in United States, based in El Cerrito, CA. It received its IRS tax-exemption ruling in August 1995, 31 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, Arhoolie Foundation reported income of $421k and spending of $708k, spending 168% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $486k to $421k (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arhoolie Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include The Arts Council Inc ($421k), Owasso Band Patrons Club ($421k) and Edinburg Dance Theatre ($421k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $157k (22% of expenses). Other salaries and wages came to $155k. At year end it held assets of $1.5m against liabilities of $106k, net assets of $1.4m. It reported 5 employees.