Kulintang Arts Inc

Analysis

Kulintang Arts Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in October 1987, 39 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 June 2024, Kulintang Arts Inc reported income of $543k and spending of $578k, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $245k to $543k (+122%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 58%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kulintang Arts Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Ishida Dance Company Inc ($543k), Now Initiative ($543k) and Gujarati Samaj of Arkansas Inc ($543k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $77k (13% of expenses). Other salaries and wages came to $61k. It paid $7,900 in professional fundraising fees. At year end it held assets of $562k against liabilities of $173k, net assets of $388k. It reported 4 employees.