Fender Play Foundation

Analysis

Fender Play Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Fender Play Foundation reported income of $216k and spending of $86k, leaving 60% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income fell from $810k to $216k (-73%), an average of -48% a year. The sharpest change came in the year to December 2022, when income dropped by 70%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fender Play Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include American Film Foundation ($216k), San Francisco Women Artists ($216k) and P W Litchfield Heritage Center ($216k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 104% of the total. At year end it held assets of $493k against liabilities of $0, net assets of $493k.