Northwest Tibetan Cultural Association

Analysis

Northwest Tibetan Cultural Association is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in July 1996, 30 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, Northwest Tibetan Cultural Association reported income of $394k and spending of $316k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $327k to $394k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2022, when income rose by 123%. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northwest Tibetan Cultural Association sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OR. Charities of a similar size with the same main cause include Westchester Philharmonic Inc ($394k), Centerburg Public Library ($394k) and Winslow Arts Trust ($394k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 13% of the total. At year end it held assets of $2.6m against liabilities of $42k, net assets of $2.6m.