Lula Washington Contemporary Dance Foundation

Analysis

Lula Washington Contemporary Dance Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 1981, 45 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, Lula Washington Contemporary Dance Foundation reported income of $167k and spending of $595k, spending 356% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $685k to $167k (-76%), an average of -25% a year. The sharpest change came in the year to December 2020, when income rose by 130%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lula Washington Contemporary Dance Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Innovative Giving Enhancement ($167k), Bach Chorale Singers Inc ($167k) and Global Culture Education Foundation ($167k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. Other salaries and wages came to $55k. At year end it held assets of $1.8m against liabilities of $8,597, net assets of $1.8m. It reported 9 employees.