Kinosaito Inc

Analysis

Kinosaito Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2019, 7 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, Kinosaito Inc reported income of $421k and spending of $394k, spending 93% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $256k to $421k (+64%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kinosaito Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Woodstock Historical Foundation Inc ($421k), San Diego Watercolor Society ($421k) and Moore Institute for Plastic Pollution Research ($421k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 1.9% of the total. Other salaries and wages came to $126k. At year end it held assets of $153k against liabilities of $0, net assets of $153k. It reported 4 employees.