David Labkovkski Project

Analysis

David Labkovkski Project is a registered charity in United States, based in West Hills, CA. It received its IRS tax-exemption ruling in January 2017, 9 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, David Labkovkski Project reported income of $325k and spending of $222k, leaving 32% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $185k to $325k (+76%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, David Labkovkski Project 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 Matheson History Museum Inc ($325k), Mount Desert Festival of Chamber Music Inc ($325k) and Alliance Francaise de LA Nouvelle Orleans ($325k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $80k (36% of expenses). Other salaries and wages came to $36k. At year end it held assets of $605k against liabilities of $5,360, net assets of $600k. It reported 2 employees.