Arts, Culture & Humanities
(A60Z)
990 on File
LATVIAN CULTURAL ASSOCIATION TILTS INC
Financial strength (30%)
70/100
Reliability (20%)
55/100
Effectiveness (25%)
61/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$28K
Total Revenue
$24K
Total Expenses
$90K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
94.2%
Fundraising Efficiency
N/A
Operating Reserve
45.35x
Liability-to-Asset
N/A
Revenue Diversification
89.9%
Compared with Peers
FY 2024
Compared with 11,905 similar organizations
(United States, Arts, Culture & Humanities, under $100K in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
94.2% | 82.6% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
45.4 mo | 16.5 mo |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
89.9% | 89.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-58.3% | 1.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-55.1% | 1.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
16.1% | 9.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $28K | $24K | $90K | 94.2% | — |
| 2023 | $68K | $53K | $86K | 97.0% | — |
| 2022 | $29K | $24K | $71K | 86.0% | — |
| 2021 | $67K | $42K | N/A | — | 1 |
| 2020 | $10K | $8K | N/A | — | 1 |
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