Instituto Mazatlan Bellas Artes de Sacramento

Analysis

Instituto Mazatlan Bellas Artes de Sacramento is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in September 2020, 6 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 2022, Instituto Mazatlan Bellas Artes de Sacramento reported income of $189k and spending of $249k, spending 132% of what it took in. Across the 5 years on record, from December 2017 to December 2022, income grew from $175k to $189k (+7.8%), an average of +1.9% a year. The sharpest change came in the year to December 2019, when income rose by 39%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Instituto Mazatlan Bellas Artes de Sacramento sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Florida Surf Film Festival LLC ($189k), Rockin the Yard Inc ($189k) and Sheffield Chamber Players ($189k).

Compensation of current officers, directors and key employees was $37k (15% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.