Ghiberti Foundation

Analysis

Ghiberti Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 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 (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 2023, Ghiberti Foundation reported income of $666k and spending of $683k, spending 102% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $497k to $666k (+34%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 47%. 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, Ghiberti Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Griot Arts Inc ($666k), Minnesota Fringe Festival ($666k) and Diasporic Vietnamese Artists Network ($666k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Other salaries and wages came to $164k. At year end it held assets of $266k against liabilities of $60k, net assets of $206k.