Demolay International

Analysis

Demolay International is a registered charity in United States, based in Union City, CA. 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 (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, Demolay International reported income of $391k and spending of $386k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $416k to $391k (-6.0%), an average of -1.5% a year. The sharpest change came in the year to December 2021, when income rose by 44%. 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, Demolay International 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 68th percentile within CA. Charities of a similar size with the same main cause include Friends of The@orchestra ($391k), Juneau Jazz and Classics Inc ($391k) and Mississippi Opera Association Inc ($391k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $82k (21% of expenses). Other salaries and wages came to $37k. At year end it held assets of $101k against liabilities of $31k, net assets of $70k. It reported 2 employees.