Santa Cruz Valley Art Association Inc

Analysis

Santa Cruz Valley Art Association Inc is a registered charity in United States, based in Tubac, AZ. It received its IRS tax-exemption ruling in August 1969, 57 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 August 2023, Santa Cruz Valley Art Association Inc reported income of $734k and spending of $497k, leaving 32% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income grew from $310k to $734k (+136%), an average of +33% a year. The sharpest change came in the year to August 2021, when income rose by 118%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Santa Cruz Valley Art Association Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 73rd percentile within AZ. Charities of a similar size with the same main cause include Graffiti USA Classic Car Museum Inc ($734k), Wormfarm Institute Incorporated ($734k) and Worthless Foundation Inc ($733k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 67% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $49k (9.8% of expenses). Other salaries and wages came to $127k. At year end it held assets of $2.0m against liabilities of $64k, net assets of $2.0m. It reported 17 employees.