Placer Artists Tour

Analysis

Placer Artists Tour is a registered charity in United States, based in Auburn, CA. It received its IRS tax-exemption ruling in March 2023, 3 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 2024, Placer Artists Tour reported income of $132k and spending of $92k, leaving 31% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $140k to $132k (-5.6%), an average of -5.6% a year. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Placer Artists Tour sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Galion Community Theatre Inc ($132k), Glenville State University Research Corporation ($132k) and Raymer Society for the Preservation of Kansas Art & Culture ($132k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 21% of the total. At year end it held assets of $120k against liabilities of $550, net assets of $119k.