Villa Sinfonia Foundation

Analysis

Villa Sinfonia Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 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, Villa Sinfonia Foundation reported income of $221k and spending of $218k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $232k to $221k (-5.0%), an average of -1.3% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Villa Sinfonia Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Mdsa Foundation ($221k), Delaware Aviation Museum Foundation ($221k) and NXT Art Foundation Inc ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $78k (36% of expenses). Other salaries and wages came to $64k. At year end it held assets of $262k against liabilities of $0, net assets of $262k.