California School of the Arts Foundation

Analysis

California School of the Arts Foundation is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in September 2017, 9 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, California School of the Arts Foundation reported income of $641k and spending of $494k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $475k to $641k (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, California School of the Arts Foundation sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Asheville Area Arts Council ($641k), Red Skelton Museum Foundation Inc ($642k) and Cleveland Festival of Art and Technology Inc ($641k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 115% and program service revenue 17% of the total. Other salaries and wages came to $33k. At year end it held assets of $628k against liabilities of $34k, net assets of $594k.