Imagine Community Arts Center Inc

Analysis

Imagine Community Arts Center Inc is a registered charity in United States, based in Porterville, CA. It received its IRS tax-exemption ruling in September 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 June 2023, Imagine Community Arts Center Inc reported income of $724k and spending of $620k, spending 86% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $247k to $724k (+193%), an average of +193% a year. The sharpest change came in the year to June 2023, when income rose by 193%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Imagine Community Arts Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Nashville Film Festival ($724k), Wonderful News Radio Inc ($724k) and Intermountain Natural History Association Inc ($724k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $291k. At year end it held assets of $131k against liabilities of $7,308, net assets of $123k. It reported 5 employees.