Pasadena Showcase House for the Arts

Analysis

Pasadena Showcase House for the Arts is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in January 1964, 62 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 July 2023, Pasadena Showcase House for the Arts reported income of $1.5m and spending of $1.1m, leaving 27% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.0m to $1.5m (+43%), an average of +9.4% a year. The sharpest change came in the year to July 2021, when income rose by 90%. Over the whole period it spent 190% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pasadena Showcase House for the Arts sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Tayba Foundation ($1.5m), University Press of Colorado ($1.5m) and Blue Bear School of Music ($1.5m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $1.6m against liabilities of $23k, net assets of $1.6m.