San Francisco Arts Education Project

Analysis

San Francisco Arts Education Project is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 1971, 55 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, San Francisco Arts Education Project reported income of $1.7m and spending of $1.9m, spending 110% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.8m to $1.7m (-6.7%), an average of -1.7% a year. The sharpest change came in the year to August 2022, when income rose by 69%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, San Francisco Arts Education Project sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Highpoint Center for Printmaking ($1.7m), The Germanic-American Institute ($1.7m) and The Concord Community Music School ($1.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 27% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $133k (7.1% of expenses). Other salaries and wages came to $742k. It paid $33k in professional fundraising fees. At year end it held assets of $1.8m against liabilities of $317k, net assets of $1.5m. It reported 23 employees.