Old State Capitol Foundation Inc

Analysis

Old State Capitol Foundation Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in April 1992, 34 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, Old State Capitol Foundation Inc reported income of $162k and spending of $183k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $158k to $162k (+2.5%), an average of +0.6% a year. The sharpest change came in the year to December 2021, when income rose by 281%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Old State Capitol Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within LA. Charities of a similar size with the same main cause include Western Illinois Museum ($162k), Athena Project ($162k) and Harper Hill Global Inc ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% of the total. It paid $8,000 in professional fundraising fees. At year end it held assets of $1.2m against liabilities of $894, net assets of $1.2m.