Lion Global Foundation

Analysis

Lion Global Foundation is a registered charity in United States, based in Greenwood VLG, CO. It received its IRS tax-exemption ruling in December 2003, 23 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, Lion Global Foundation reported income of $4.4m and spending of $4.0m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.0m to $4.4m (+9.7%), an average of +2.3% a year. The sharpest change came in the year to December 2020, when income rose by 109%. Over the whole period it spent 64% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lion Global Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CO. Charities of a similar size with the same main cause include Omaha Theater Company ($4.4m), Philadelphia Orchestra and Kimmel Center Inc ($4.4m) and Historic Philadelphia Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 8.8% of the total. Compensation of current officers, directors and key employees was $296k (7.4% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $30.4m against liabilities of $583k, net assets of $29.8m. It reported 24 employees.