Black Design Collective

Analysis

Black Design Collective is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 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, Black Design Collective reported income of $233k and spending of $238k, spending 102% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $157k to $233k (+49%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Black Design Collective sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Playa Del Fuego Inc ($233k), Southland Sings ($233k) and Friends of Raymer Inc ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.0% and program service revenue 0.7% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.