Velaslavasay Panorama

Analysis

Velaslavasay Panorama 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 (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, Velaslavasay Panorama reported income of $162k and spending of $133k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $175k to $162k (-7.5%), an average of -7.5% a year. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Velaslavasay Panorama sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Society for the Arts Ltd ($162k), McTeggart Irish Dancers of North Texas ($162k) and Wisconsin Rapids Community Theatre Inc ($162k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 32% of the total. At year end it held assets of $233k against liabilities of $0, net assets of $233k.