Kala Institute
Analysis
Kala Institute is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in August 2022, 4 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 September 2023, Kala Institute reported income of $1.6m and spending of $1.5m, spending 95% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $1.3m to $1.6m (+23%), an average of +7.0% a year. The sharpest change came in the year to September 2022, when income rose by 26%. 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, Kala Institute sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Go for Broke National Education Center ($1.6m), Tectonic Theater Project Inc ($1.6m) and Musicalfare Theatre Company Inc ($1.6m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 56% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $162k (11% of expenses). Other salaries and wages came to $385k. At year end it held assets of $2.2m against liabilities of $26k, net assets of $2.2m. It reported 30 employees.
Income and spending
Where the income comes from
- Contributions & grants 56%
- Program services 37%
- Other 7.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Go for Broke National Education Center | Los Angeles | $1.6m |
| Tectonic Theater Project Inc | New York | $1.6m |
| Musicalfare Theatre Company Inc | Buffalo | $1.6m |
| Morgan County Foundation Inc | Madison | $1.6m |