Rafael Soriano Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
IT IS THE MISSION, DUTY AND PURPOSE OF THE RAFAEL SORIANO FOUNDATION, INC. ("FOUNDATION") TO PRESERVE AND ENCOURAGE AN UNDERSTANDING AND APPRECIATION OF RAFAEL SORIANO'S ("MR. SORIANO") ARTWORK AS HE IS ONE OF THE LEADING LATIN AMERICAN ARTISTS OF HIS GENERATION. THE FOUNDATION WORKS TO PROMOTE EXHIBITIONS AND SCHOLARSHIPS IN THE HOPES OF BRINGING MR. SORIANO'S LIFE'S PASSION TO THOSE BOTH HERE AND ABROAD.
- Income
- $63,148
- Spending
- $61,151
- Reserves
- 66.1 months of spending
- Largest source of income
- donations and private grants, 100%
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 82% of charities in its peer group (philanthropy, under $250k).
Reserves
35 of 35Spendable reserves would cover 66.1 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 3% of income.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- TO EDUCATE PEOPLE AND FOSTER A LOVE OF THE ART OF RAFAEL SORIANO BY DISPLAYING RAFAEL SORIANO'S ART AT VARIOUS VENUES. A DOCUMENTARY, INTO THE LIGHT (HACIA LA LUZ) HAS ALSO BEEN CREATED WHICH HIGHLIGHTS THE LIFE AND INFLUENCES OF RAFAEL SORIANO, NOT ONLY AS AN ARTIST BUT ALSO AS A PERSON. THIS DOCUMENTARY IS CURRENTLY PLAYING AT VARIOUS VENUES FOR THOUSANDS OF VIEWERS.
- $12,154 spent. TO EDUCATE PEOPLE AND FOSTER A LOVE OF THE ART OF RAFAEL SORIANO BY DISPLAYING RAFAEL SORIANO'S ART AT VARIOUS VENUES. A DOCUMENTARY, INTO THE LIGHT (HACIA LA LUZ) HAS ALSO BEEN CREATED WHICH HIGHLIGHTS THE LIFE AND INFLUENCES OF RAFAEL SORIANO, NOT ONLY AS AN ARTIST BUT ALSO AS A PERSON. THIS DOCUMENTARY IS CURRENTLY PLAYING AT VARIOUS VENUES FOR THOUSANDS OF VIEWERS.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2016 for not filing returns for three years, and reinstated on May 15, 2016.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2017.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.