Art Deco Society of Los Angeles

Analysis

Art Deco Society of Los Angeles is a registered charity in United States, based in Hollywood, CA. It received its IRS tax-exemption ruling in September 1991, 35 years ago. 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 September 2023, Art Deco Society of Los Angeles reported income of $66k and spending of $88k, spending 133% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $108k to $66k (-39%), an average of -39% a year. The sharpest change came in the year to September 2023, when income dropped by 39%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Art Deco Society of Los Angeles sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include International Wizard of Oz Club ($66k), Minnesota Museum of Mining ($66k) and Little League Baseball Inc ($66k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 109% and program service revenue 0.4% of the total. At year end it held assets of $158k against liabilities of $48, net assets of $158k.