Santa Barbara Arts Collaborative Inc

Analysis

Santa Barbara Arts Collaborative Inc is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in June 2012, 14 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, Santa Barbara Arts Collaborative Inc reported income of $428k and spending of $311k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $377k to $428k (+14%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 110%. Over the whole period it spent 54% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Santa Barbara Arts Collaborative Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Cambridge Historical Society ($428k), Histochemical Society Inc ($428k) and Surfing Heritage Foundation ($428k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $81k (26% of expenses). Other salaries and wages came to $43k. At year end it held assets of $1.8m against liabilities of $72k, net assets of $1.7m. It reported 3 employees.