Arts Collaborative of Nevada County Andrea Pearce

Analysis

Arts Collaborative of Nevada County Andrea Pearce is a registered charity in United States, based in Nevada City, CA. It received its IRS tax-exemption ruling in September 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, Arts Collaborative of Nevada County Andrea Pearce reported income of $3.5m and spending of $3.5m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $252k to $3.5m (+1286%), an average of +93% a year. The sharpest change came in the year to December 2023, when income rose by 739%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arts Collaborative of Nevada County Andrea Pearce sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Centennial Park Conservancy ($3.5m), Plusoneplusoneplusone ($3.5m) and Mattatuck Historical Society ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $75k (2.1% of expenses). Other salaries and wages came to $162k. At year end it held assets of $3.4m against liabilities of $3.1m, net assets of $217k. It reported 9 employees.