Kings and Clowns Inc

Analysis

Kings and Clowns Inc is a registered charity in United States, based in Hawthorne, CA. It received its IRS tax-exemption ruling in January 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 (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, Kings and Clowns Inc reported income of $120k and spending of $116k, spending 97% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $198k to $120k (-39%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kings and Clowns Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Methacton Community Theater Inc ($120k), Bath Music Association ($120k) and Herkimer County Historical Society ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 32% of the total. At year end it held assets of $128k against liabilities of $574, net assets of $128k.