Four Seasons Arts Inc

Analysis

Four Seasons Arts Inc is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in January 2009, 17 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Four Seasons Arts Inc reported income of $194k and spending of $282k, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $674k to $194k (-71%), an average of -27% a year. The sharpest change came in the year to December 2020, when income dropped by 54%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Four Seasons Arts Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Fremont Stage 1 ($194k), Embarrass Region Community Association ($194k) and Eastern Pa and Delaware Chapter Ofamerican Concrete Institute ($194k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.1% of the total. Other salaries and wages came to $135k. At year end it held assets of $762k against liabilities of $2,401, net assets of $760k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.