Banzerini House

Analysis

Banzerini House is a registered charity in United States, based in New River, AZ. It received its IRS tax-exemption ruling in March 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, Banzerini House reported income of $271k and spending of $327k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $230k to $271k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Banzerini House sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within AZ. Charities of a similar size with the same main cause include Colorado Music Hall of Fame ($271k), Hillsborough Arts Council ($271k) and Employment Research & Development Institute ($271k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.