Nisei Week Foundation Inc

Analysis

Nisei Week Foundation Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 1999, 27 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, Nisei Week Foundation Inc reported income of $452k and spending of $433k, spending 96% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $390k to $452k (+16%), an average of +7.7% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nisei Week Foundation Inc 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 69th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Houston Cinema Arts Society ($452k), Diverse Works Inc ($452k) and Chicago Artists Coalition ($452k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 78% of the total. At year end it held assets of $575k against liabilities of $0, net assets of $575k.