Media Arts Center San Diego

Analysis

Media Arts Center San Diego is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in February 2000, 26 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, Media Arts Center San Diego reported income of $1.8m and spending of $2.0m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.8m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2022, when income rose by 65%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Media Arts Center San Diego sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Oregon Coast Scenic Railroad ($1.8m), American Precision Museum Association ($1.8m) and Stockton Symphony Association Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $70k (3.5% of expenses). Other salaries and wages came to $817k. At year end it held assets of $979k against liabilities of $317k, net assets of $662k. It reported 36 employees.