Brasil Brasil Cultural Center

Analysis

Brasil Brasil Cultural Center is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 2001, 25 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, Brasil Brasil Cultural Center reported income of $449k and spending of $443k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $417k to $449k (+7.6%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brasil Brasil Cultural Center sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Cape Fox Cultural Foundation Inc ($449k), Friends of Olympia Station Inc ($449k) and Krewe of Pyros Foundation ($449k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $6,034 (1.4% of expenses). At year end it held assets of $22k against liabilities of $18k, net assets of $3,605. It reported 2 employees.