McCoy Rigby Arts Inc

Analysis

McCoy Rigby Arts Inc is a registered charity in United States, based in Fullerton, CA. It received its IRS tax-exemption ruling in January 2014, 12 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 December 2023, McCoy Rigby Arts Inc reported income of $286k and spending of $406k, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $851k to $286k (-66%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 63%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, McCoy Rigby Arts Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include San Francisco Writers Conference ($286k), Recreation Inc ($286k) and Bountiful Davis Art Foundation ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.4% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $29k (7.1% of expenses). Other salaries and wages came to $104k. At year end it held assets of $36k against liabilities of $0, net assets of $36k. It reported 36 employees.