Friends of Villa Aurora & Thomas Mann House Inc

Analysis

Friends of Villa Aurora & Thomas Mann House Inc is a registered charity in United States, based in Pacific PLSDS, CA. It received its IRS tax-exemption ruling in May 1991, 35 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, Friends of Villa Aurora & Thomas Mann House Inc reported income of $1.2m and spending of $1.5m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.2m (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 120% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Villa Aurora & Thomas Mann House Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Watson Caring Science Institute ($1.2m), Myanmar Policy Institute ($1.2m) and Versa-Style Dance Company ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $324k. At year end it held assets of $6.2m against liabilities of $0, net assets of $6.2m. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.