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Gulf International Forum Inc

RegisteredEIN 83-1140726Washington, DCArts, culture, heritage and science
Income$448k2023-12
Spending$326ksame year
Spent / received94%5-year average
Size in its cause75th pctArts, culture, heritage and science
Exempt since2019Publicly supported organisat
Employees4latest return

Analysis

Gulf International Forum Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover social science, 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, Gulf International Forum Inc reported income of $448k and spending of $326k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $172k to $448k (+161%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 193%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gulf International Forum Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 41st percentile within DC. Charities of a similar size with the same main cause include Weston Drama Workshop Inc ($448k), Carmel Ideas Foundation ($448k) and Balanced Almond Inc ($448k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Other salaries and wages came to $65k. At year end it held assets of $168k against liabilities of $516, net assets of $168k. It reported 4 employees.

Income and spending

$0$145k$290k$434k$579k2019 Income: $171,5022019 Spending: $148,43120192020 Income: $502,9152020 Spending: $579,05120202021 Income: $464,3852021 Spending: $492,83320212022 Income: $570,7092022 Spending: $474,90320222023 Income: $447,9492023 Spending: $326,2032023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Program services 0.2%

Similar-sized charities, same cause

CharityLocationIncome
Weston Drama Workshop IncWeston$448k
Carmel Ideas FoundationPebble Beach$448k
Balanced Almond IncDallas$448k
Fountain Hills Theater IncFountain HLS$448k