Looking Up Arts Foundation

Analysis

Looking Up Arts Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 2021, 5 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, Looking Up Arts Foundation reported income of $72k and spending of $117k, spending 163% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $250k to $72k (-71%), an average of -46% a year. The sharpest change came in the year to December 2022, when income dropped by 74%. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Looking Up Arts Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Pointe Aux Barques Lighthouse Society ($72k), Encore Encore Inc ($72k) and Ridge Live Steamers Inc ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $5,938 against liabilities of $41k, net assets of -$36k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.