Camerata Pacifica

Analysis

Camerata Pacifica is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in October 1985, 41 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Camerata Pacifica reported income of $2.8m and spending of $2.0m, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $2.8m (+173%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 130%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Camerata Pacifica sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Music Changing Lives ($2.8m), Wisconsin Chamber Orchestra Inc ($2.8m) and Music of the Baroque Concert Series Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $546k (27% of expenses). Other salaries and wages came to $226k. It paid $3,360 in professional fundraising fees. At year end it held assets of $2.1m against liabilities of $658k, net assets of $1.5m. It reported 18 employees.