The Holland Project

Analysis

The Holland Project is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in April 2007, 19 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, The Holland Project reported income of $424k and spending of $431k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $278k to $424k (+53%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 79%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Holland Project 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 68th percentile, and in the 72nd percentile within NV. Charities of a similar size with the same main cause include Historic Rock Castle Inc ($424k), Constellation Performing Arts ($424k) and Corporation for Public Media Inc ($424k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $25k (5.8% of expenses). Other salaries and wages came to $103k. At year end it held assets of $1.2m against liabilities of $149k, net assets of $1.1m. It reported 9 employees.