The Tarzana Community and Cultural Center

Analysis

The Tarzana Community and Cultural Center is a registered charity in United States, based in Tarzana, CA. It received its IRS tax-exemption ruling in September 2002, 24 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 2022, The Tarzana Community and Cultural Center reported income of $161k and spending of $120k, leaving 25% of income unspent that year. Across the 3 years on record, from June 2020 to June 2022, income grew from $25k to $161k (+547%), an average of +154% a year. The sharpest change came in the year to June 2021, when income rose by 353%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Tarzana Community and Cultural Center sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Asian Arts Talents Foundation ($161k), Young Patronesses of the Opera Inc ($161k) and Wet Ink Music Productions Inc ($161k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $32k. At year end it held assets of $1.8m against liabilities of $221k, net assets of $1.6m.