Borrego Springs Performing Arts Ctr

Analysis

Borrego Springs Performing Arts Ctr is a registered charity in United States, based in Borrego SPGS, CA. It received its IRS tax-exemption ruling in April 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Borrego Springs Performing Arts Ctr reported income of $87k and spending of $108k, spending 124% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $183k to $87k (-53%), an average of -52% a year. The sharpest change came in the year to June 2023, when income dropped by 53%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Borrego Springs Performing Arts Ctr sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include LA Madre de Los Pobres ($87k), Vancouver First Church of God Foundation ($87k) and Bloomfield Volunteer Ambulance Fund Inc ($87k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. At year end it held assets of $408k against liabilities of $0, net assets of $408k.