Mondo Bizarro Productions

Analysis

Mondo Bizarro Productions is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in August 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 June 2023, Mondo Bizarro Productions reported income of $415k and spending of $818k, spending 197% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $537k to $415k (-23%), an average of -8.3% a year. The sharpest change came in the year to June 2022, when income rose by 124%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mondo Bizarro Productions sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within LA. Charities of a similar size with the same main cause include Johns Creek Symphony Orchestra Inc ($415k), 24 Hour Company ($415k) and 1852 Foundation Inc ($415k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $20k (2.4% of expenses). Other salaries and wages came to $183k. At year end it held assets of $803k against liabilities of $4,814, net assets of $798k. It reported 10 employees.