Petaluma Arts Council

Analysis

Petaluma Arts Council is a registered charity in United States, based in Petaluma, CA. It received its IRS tax-exemption ruling in January 2002, 24 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 2024, Petaluma Arts Council reported income of $131k and spending of $150k, spending 114% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $198k to $131k (-34%), an average of -9.7% a year. The sharpest change came in the year to June 2023, when income dropped by 56%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Petaluma Arts Council sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Innovative Pavement Research Foundation ($131k), Alchemy Theatre Troupe Inc ($131k) and Lemon Street Gallery ($131k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 50% and program service revenue 33% of the total. At year end it held assets of $197k against liabilities of $753, net assets of $196k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.