Sac Cultural Hub Media Foundation

Analysis

Sac Cultural Hub Media Foundation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in November 2011, 15 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, Sac Cultural Hub Media Foundation reported income of $124k and spending of $124k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $131k to $124k (-5.1%), an average of -5.1% a year. 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, Sac Cultural Hub Media Foundation 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 45th percentile within CA. Charities of a similar size with the same main cause include Korean Traditional Marching Band Inc ($124k), Bangtown Studio on the Go ($124k) and Manuscript Research Group ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. At year end it held assets of $5,896 against liabilities of $0, net assets of $5,896.