Mexican American Cultural Education Foundation

Analysis

Mexican American Cultural Education Foundation is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in May 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, Mexican American Cultural Education Foundation reported income of $73k and spending of $75k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $73k (+0.7%), an average of +0.7% a year. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mexican American Cultural Education Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Ti Ti Tabor Hungarian Folk Camp ($73k), Chax Press Inc ($73k) and School for Strings ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.5% of the total. At year end it held assets of $11k against liabilities of $25k, net assets of -$14k.