Lotus Tao Culture Association

Analysis

Lotus Tao Culture Association is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lotus Tao Culture Association reported income of $123k and spending of $121k, spending 98% of its income. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lotus Tao Culture Association sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Great Northern Railway Historical Society ($123k), Sing Stark Inc ($123k) and Champaign County Historical Museum ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $7,838 against liabilities of $0, net assets of $7,838.