Pasadena Art Alliance

Analysis

Pasadena Art Alliance is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in February 1975, 51 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 2024, Pasadena Art Alliance reported income of $503k and spending of $492k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $317k to $503k (+59%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 46%. Over the whole period it spent 98% 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 Art Alliance sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Lafayette Symphony Incorporated ($503k), Suncoast Young Peoples Theatre Inc ($503k) and Rock Ford Foundation ($503k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 56% and program service revenue 31% of the total. At year end it held assets of $951k against liabilities of $13k, net assets of $938k.