Carmel Ideas Foundation

Analysis

Carmel Ideas Foundation is a registered charity in United States, based in Pebble Beach, CA. It received its IRS tax-exemption ruling in December 2007, 19 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, Carmel Ideas Foundation reported income of $448k and spending of $470k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $471k to $448k (-5.0%), an average of -1.3% a year. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Carmel Ideas Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Gulf International Forum Inc ($448k), Fountain Hills Theater Inc ($448k) and Weston Drama Workshop Inc ($448k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.6% of the total. At year end it held assets of $107k against liabilities of $15k, net assets of $93k.