Bravissima-Women Sponsoring the Arts

Analysis

Bravissima-Women Sponsoring the Arts is a registered charity in United States, based in Johnson City, TN. It received its IRS tax-exemption ruling in May 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bravissima-Women Sponsoring the Arts reported income of $61k and spending of $23k, leaving 61% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $61k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bravissima-Women Sponsoring the Arts sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within TN. Charities of a similar size with the same main cause include National Insulator Association Inc ($61k), Scarsdale Historical Society ($61k) and Beach Front Dance School ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 17% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.