Diablo Regional Arts Association

Analysis

Diablo Regional Arts Association is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in July 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 June 2023, Diablo Regional Arts Association reported income of $454k and spending of $745k, spending 164% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $454k (-57%), an average of -19% a year. The sharpest change came in the year to June 2023, when income dropped by 58%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Diablo Regional Arts Association 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 69th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Bloomington Community Radio Inc ($454k), Seenfire Foundation ($454k) and Insight for the Blind Inc ($454k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 222% of the total. Compensation of current officers, directors and key employees was $155k (21% of expenses). Other salaries and wages came to $305k. At year end it held assets of $3.0m against liabilities of $467k, net assets of $2.6m. It reported 6 employees.