Sakura Matsuri Inc

Analysis

Sakura Matsuri Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 1994, 32 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 September 2023, Sakura Matsuri Inc reported income of $478k and spending of $446k, spending 93% of its income. Across the 3 years on record, from September 2019 to September 2023, income grew from $388k to $478k (+23%), an average of +11% a year. The sharpest change came in the year to September 2023, when income rose by 58%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sakura Matsuri Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Parrhasian Heritage Foundation ($478k), African Enviromental Film Foundation ($478k) and Santa Fe Chamber Music Festival Endowment Foundation ($478k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $369k against liabilities of $2,686, net assets of $366k.