National Cello Institute

Analysis

National Cello Institute is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 1988, 38 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, National Cello Institute reported income of $346k and spending of $162k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $184k to $346k (+88%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 447%. Over the whole period it spent 57% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Cello Institute sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Maui Pops Orchestra Inc ($346k), Ego Po ($346k) and Arts House Schools Inc ($346k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 36% of the total. At year end it held assets of $736k against liabilities of $0, net assets of $736k.