Cyt Sacramento Inc

Analysis

Cyt Sacramento Inc is a registered charity in United States, based in Granite Bay, CA. It received its IRS tax-exemption ruling in September 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 June 2023, Cyt Sacramento Inc reported income of $663k and spending of $711k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $398k to $663k (+67%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 200%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cyt Sacramento Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include The Argenta Arts Foundation Inc ($663k), Downtown SLC Presents ($664k) and Whale Trust ($663k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $111k (16% of expenses). Other salaries and wages came to $186k. At year end it held assets of $288k against liabilities of $42k, net assets of $246k. It reported 46 employees.