Portland Taiko

Analysis

Portland Taiko is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in February 2001, 25 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, Portland Taiko reported income of $235k and spending of $104k, leaving 56% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $210k to $235k (+12%), an average of +5.6% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 42% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Portland Taiko sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within OR. Charities of a similar size with the same main cause include World Awareness Childrens Museum ($235k), Oye Palaver Hut Inc ($235k) and The Childrens Museum of Southwest Louisiana Inc ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 27% of the total. At year end it held assets of $721k against liabilities of $1,045, net assets of $720k. It reported 2 employees.