Diaspora Arts Connection Inc

Analysis

Diaspora Arts Connection Inc is a registered charity in United States, based in Pleasant Hill, CA. It received its IRS tax-exemption ruling in May 2016, 10 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, Diaspora Arts Connection Inc reported income of $371k and spending of $379k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $290k to $371k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Diaspora Arts Connection Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Christian Youth Theater Spokane ($371k), First City Players & Ketchikan Community Chorus Inc ($371k) and Hawaii Women in Filmmaking ($371k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $7,308 (1.9% of expenses). At year end it held assets of $40k against liabilities of $160k, net assets of -$120k. It reported 1 employees.