Diasporic Vietnamese Artists Network

Analysis

Diasporic Vietnamese Artists Network is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 2022, 4 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, Diasporic Vietnamese Artists Network reported income of $666k and spending of $236k, leaving 65% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $362k to $666k (+84%), an average of +84% a year. The sharpest change came in the year to June 2023, when income rose by 84%. Over the whole period it spent 30% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Diasporic Vietnamese Artists Network sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Dominican Day Parade ($666k), Griot Arts Inc ($666k) and Guitar Center Music Foundation ($666k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $776k against liabilities of $29k, net assets of $747k. It reported 1 employees.