Peninsula Cantare a California Nonprofit Benefit Corporation

Analysis

Peninsula Cantare a California Nonprofit Benefit Corporation is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in December 2004, 22 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, Peninsula Cantare a California Nonprofit Benefit Corporation reported income of $114k and spending of $105k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $125k to $114k (-8.9%), an average of -8.9% a year. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Peninsula Cantare a California Nonprofit Benefit Corporation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Hobart Shakespeareans ($114k), Lander Art Center ($114k) and Friends of the Thumb Octagon Barn ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 27% of the total. At year end it held assets of $120k against liabilities of $7,148, net assets of $112k.