Hollywood Sign Trust

Analysis

Hollywood Sign Trust is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 1978, 48 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, Hollywood Sign Trust reported income of $319k and spending of $366k, spending 115% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $174k to $319k (+83%), an average of +84% a year. The sharpest change came in the year to June 2023, when income rose by 83%. 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, Hollywood Sign Trust sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Active Cultures ($319k), Art As Healing Foundation Incorporated ($319k) and Journeys in Education Inc ($319k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. At year end it held assets of $170k against liabilities of $6,523, net assets of $163k.