American Friends of Capodimonte

Analysis

American Friends of Capodimonte is a registered charity in United States, based in Oakbrook Ter, IL. It received its IRS tax-exemption ruling in July 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, American Friends of Capodimonte reported income of $245k and spending of $96k, leaving 61% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $125k to $245k (+96%), an average of +96% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 47% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Friends of Capodimonte sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include Community Art Center of the Ojai Valley Inc ($245k), Pasadena Civic Ballet Inc ($245k) and Dance Heginbotham Incorporated ($245k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $50k. At year end it held assets of $321k against liabilities of $5,816, net assets of $315k. It reported 2 employees.