Mariachi Womens Foundation

Analysis

Mariachi Womens Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mariachi Womens Foundation reported income of $253k and spending of $190k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $250k to $253k (+1.1%), an average of +1.1% a year. 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, Mariachi Womens Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Institute for Leadership in Capital Projects ($253k), Anchorage Concert Chorus ($253k) and Dogwood Crafters Incorporated ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $50k (26% of expenses). It paid $4,650 in professional fundraising fees. At year end it held assets of $153k against liabilities of $4,734, net assets of $148k. It reported 1 employees.