Friends of the Humanities

Analysis

Friends of the Humanities is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in October 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of the Humanities reported income of $58k and spending of $56k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $32k to $58k (+81%), an average of +81% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Humanities sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within LA. Charities of a similar size with the same main cause include Wolverine Farm Publishing ($58k), Suigetsukan Moon Reflected in Water School ($58k) and Society for Creative Anachronism Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 1.3% of the total. At year end it held assets of $164k against liabilities of $0, net assets of $164k.