Safe Space Pictures Foundation

Analysis

Safe Space Pictures Foundation is a registered charity in United States, based in Beverly Hills, CA. It received its IRS tax-exemption ruling in August 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 December 2023, Safe Space Pictures Foundation reported income of $760k and spending of $857k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $890k to $760k (-15%), an average of -15% a year. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Safe Space Pictures Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Maces Lane Community Center ($760k), Artsplosure-Raleigh Arts Festival ($760k) and Artz 4 Life Academy Inc ($760k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.6% of the total. Compensation of current officers, directors and key employees was $128k (15% of expenses). Other salaries and wages came to $74k. At year end it held assets of $28k against liabilities of $20k, net assets of $7,819. It reported 5 employees.