Mandarin Language and Cultural Center

Analysis

Mandarin Language and Cultural Center is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in August 1997, 29 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mandarin Language and Cultural Center reported income of $695k and spending of $582k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $750k to $695k (-7.4%), an average of -1.9% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mandarin Language and Cultural Center sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include South Dakota Hall of Fame ($695k), Pennsylvania Youth Theatre ($695k) and Moorpark Community Foundation for the Arts ($695k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $104k (18% of expenses). Other salaries and wages came to $248k. At year end it held assets of $1.4m against liabilities of $402k, net assets of $969k. It reported 84 employees.