Genryu Arts

Analysis

Genryu Arts is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2008, 18 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, Genryu Arts reported income of $218k and spending of $166k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $174k to $218k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Genryu Arts sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Orlando Foundation Inc ($218k), Goldenroadarts ($218k) and Sheridan Artists Guild Et Al ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $53k (32% of expenses). Other salaries and wages came to $4,884. At year end it held assets of $273k against liabilities of $12k, net assets of $261k.