Guernica Inc

Analysis

Guernica Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 2010, 16 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, Guernica Inc reported income of $104k and spending of $56k, leaving 46% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $104k (+144%), an average of +144% a year. The sharpest change came in the year to December 2023, when income rose by 144%. Over the whole period it spent 64% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Guernica Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Armed Forces Heritage House ($104k), Fair Observer ($104k) and NRHS Fund Inc ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.