Angel City Arts

Analysis

Angel City Arts is a registered charity in United States, based in Claremont, CA. It received its IRS tax-exemption ruling in April 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 (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, Angel City Arts reported income of $182k and spending of $129k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $182k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Angel City Arts sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Resounding Achord Productions ($182k), Temple of Music ($182k) and Seneca Museum of Waterways and Industry Inc ($182k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.7% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.