Focus on the Masters
Analysis
Focus on the Masters is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in June 1999, 27 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, Focus on the Masters reported income of $326k and spending of $318k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $231k to $326k (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2021, when income rose by 301%. Over the whole period it spent 78% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Focus on the Masters sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Independence Day Celebration Inc ($326k), International Media Project ($326k) and Maryland Media Inc ($326k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 39% of the total. Other salaries and wages came to $195k. At year end it held assets of $500k against liabilities of $18k, net assets of $482k. It reported 14 employees.
Income and spending
Where the income comes from
- Contributions & grants 39%
- Program services 39%
- Other 22%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Independence Day Celebration Inc | Morgan Hill | $326k |
| International Media Project | Oakland | $326k |
| Maryland Media Inc | College Park | $326k |
| Colonial Fox Foundation | Pittsburg | $326k |