Pulse Arts

Analysis

Pulse Arts is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 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, Pulse Arts reported income of $235k and spending of $182k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $124k to $235k (+89%), an average of +89% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pulse Arts 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 Bedford Community Access Television ($235k), Singing Crusade for Christ Inc ($235k) and Umpqua Actors Community Theatre Inc ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $65k (36% of expenses). Other salaries and wages came to $18k. At year end it held assets of $76k against liabilities of $447, net assets of $76k. It reported 5 employees.