Hellerstein Foundation

Analysis

Hellerstein Foundation is a registered charity in United States, based in Kensington, CA. It received its IRS tax-exemption ruling in September 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, Hellerstein Foundation reported income of $190k and spending of $207k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $262k to $190k (-28%), an average of -7.7% a year. The sharpest change came in the year to December 2021, when income rose by 87%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hellerstein Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include The Biodiversity Group ($190k), The National Voice of America Museum of Broadcasting ($190k) and Art Factory Houston Inc ($190k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 19% of the total. Other salaries and wages came to $12k. At year end it held assets of $2.4m against liabilities of $598k, net assets of $1.8m. It reported 1 employees.