Boyle Heights Arts Conservatory

Analysis

Boyle Heights Arts Conservatory is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 2011, 15 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Boyle Heights Arts Conservatory reported income of $1.4m and spending of $1.2m, spending 90% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $505k to $1.4m (+170%), an average of +39% a year. The sharpest change came in the year to December 2022, when income rose by 167%. 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, Boyle Heights Arts Conservatory sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Art Pride New Jersey Foundation Inc ($1.4m), The Kansas African American Museum Inc ($1.4m) and Lynn Meadows Discovery Center ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. At year end it held assets of $750k against liabilities of $110k, net assets of $639k. It reported 73 employees.