Tustin Area Council for the Fine Arts

Analysis

Tustin Area Council for the Fine Arts is a registered charity in United States, based in Tustin, CA. It received its IRS tax-exemption ruling in September 1993, 33 years ago. 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 December 2023, Tustin Area Council for the Fine Arts reported income of $276k and spending of $257k, spending 93% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $266k to $276k (+3.7%), an average of +1.8% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tustin Area Council for the Fine Arts sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Brighton Beach District Management Association Inc ($276k), Loaves and Fishes ($276k) and En Foco Incorporated ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.4% of the total. At year end it held assets of $267k against liabilities of $0, net assets of $267k.