Improv Utopia

Analysis

Improv Utopia is a registered charity in United States, based in Carmichael, CA. It received its IRS tax-exemption ruling in November 2013, 13 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, Improv Utopia reported income of $288k and spending of $214k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $206k to $288k (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2021, when income rose by 166%. 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, Improv Utopia 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 Historic Cherry Hill ($288k), Hispanic Education Inc ($288k) and Ballet Repertory Theatre of New Mexico ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $50k (23% of expenses). At year end it held assets of $183k against liabilities of $198, net assets of $183k. It reported 1 employees.