Nimbus Arts

Analysis

Nimbus Arts is a registered charity in United States, based in Saint Helena, CA. It received its IRS tax-exemption ruling in June 2010, 16 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 December 2023, Nimbus Arts reported income of $1.2m and spending of $1.3m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $1.2m (-3.9%), an average of -1.0% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nimbus Arts sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Firehouse Performing Arts Center ($1.2m), Dreams for Schools ($1.2m) and Shokookai of Portland ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $130k (9.7% of expenses). Other salaries and wages came to $446k. At year end it held assets of $2.5m against liabilities of $18k, net assets of $2.4m. It reported 38 employees.