Salastina

Analysis

Salastina is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in February 2020, 6 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 June 2024, Salastina reported income of $549k and spending of $565k, spending 103% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $251k to $549k (+118%), an average of +30% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Salastina sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Dinosaur Ahtorium ($549k), Enlightened Learning Club ($549k) and Attach ($549k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $58k (10% of expenses). Other salaries and wages came to $76k. At year end it held assets of $70k against liabilities of $30k, net assets of $40k. It reported 5 employees.