Friends of Mosaic Templars Cultural Center Inc

Analysis

Friends of Mosaic Templars Cultural Center Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in August 2010, 16 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, Friends of Mosaic Templars Cultural Center Inc reported income of $196k and spending of $137k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $196k (+131%), an average of +131% a year. The sharpest change came in the year to December 2023, when income rose by 131%. 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, Friends of Mosaic Templars Cultural Center Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within AR. Charities of a similar size with the same main cause include Spire Chamber Ensemble ($196k), International Horn Society ($196k) and Center Stage Dance Alliance ($196k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 1.0% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.