Brazilian Cultural Arts Center of Santa Barbara

Analysis

Brazilian Cultural Arts Center of Santa Barbara is a registered charity in United States, based in Goleta, CA. It received its IRS tax-exemption ruling in November 2020, 6 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 December 2023, Brazilian Cultural Arts Center of Santa Barbara reported income of $288k and spending of $312k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $278k to $288k (+3.8%), an average of +3.8% a year. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brazilian Cultural Arts Center of Santa Barbara 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 Lakeland Band Boosters ($288k), Generations Project Inc ($288k) and Hispanic Education Inc ($288k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $53k (17% of expenses). Other salaries and wages came to $86k. At year end it held assets of -$15k against liabilities of $0, net assets of -$15k.