Cinnabar Arts Corporation

Analysis

Cinnabar Arts Corporation is a registered charity in United States, based in Petaluma, CA. It received its IRS tax-exemption ruling in September 1987, 39 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, Cinnabar Arts Corporation reported income of $1.0m and spending of $1.1m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $920k to $1.0m (+8.9%), an average of +2.2% a year. The sharpest change came in the year to June 2022, when income rose by 69%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cinnabar Arts Corporation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Airborne and Special Operations Museum Foundation Inc ($1.0m), Indigenous Roots ($1.0m) and Rocky Mountain Public Media Qalicb Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $67k (6.3% of expenses). Other salaries and wages came to $369k. At year end it held assets of $1.2m against liabilities of $66k, net assets of $1.1m. It reported 32 employees.