Bay Area Cabaret

Analysis

Bay Area Cabaret is a registered charity in United States, based in Larkspur, CA. It received its IRS tax-exemption ruling in June 2006, 20 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 June 2023, Bay Area Cabaret reported income of $99k and spending of $120k, spending 122% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $191k to $99k (-48%), an average of -20% a year. The sharpest change came in the year to June 2021, when income dropped by 100%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bay Area Cabaret sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Flagstaff Festival of Science Inc ($99k), Wilson Bruce Evans Home Historical Society ($99k) and Stage 62 ($99k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. At year end it held assets of $269k against liabilities of $7,172, net assets of $262k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.