Lark Traditional Arts

Analysis

Lark Traditional Arts is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lark Traditional Arts reported income of $455k and spending of $390k, spending 86% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $419k to $455k (+8.5%), an average of +4.1% a year. The sharpest change came in the year to December 2023, when income rose by 315%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lark Traditional Arts 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 69th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include LA Compagnia de Colombari Inc ($455k), Arts & Science Center for Southeast Arkansas Endowment Fund Inc ($455k) and Free Lunch Academy ($455k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 76% of the total. At year end it held assets of $353k against liabilities of $425, net assets of $353k.