Leo Strauss Foundation

Analysis

Leo Strauss Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2021, 5 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 December 2023, Leo Strauss Foundation reported income of $104k and spending of $66k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $106k to $104k (-2.1%), an average of -2.1% a year. Over the whole period it spent 59% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Leo Strauss Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within IL. Charities of a similar size with the same main cause include Box13 Artspace ($104k), Associated Irish Societies Inc ($104k) and Yankton Area Arts Association ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.