Japanese-American Cultural Center of Vista Inc

Analysis

Japanese-American Cultural Center of Vista Inc is a registered charity in United States, based in Vista, CA. It received its IRS tax-exemption ruling in July 1985, 41 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Japanese-American Cultural Center of Vista Inc reported income of $302k and spending of $210k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $247k to $302k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Japanese-American Cultural Center of Vista Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Stagewest Theater Company ($302k), Alisal Center for the Fine Arts Inc ($302k) and Friends of the Weston Community Inc ($302k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 62% of the total. At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m.